The FCA has taken on board user feedback and is replacing Gabriel with RegData, which it claims is a ‘simpler, quicker and easier’ way for firms to provide regulatory data.
All 52,000 firms that submit via Gabriel will need to migrate to the new platform. This is being done in groups to minimise disruption. Your firm’s moving date will be determined based on the nature of your reporting obligations and schedules.
The firm’s principal user will be notified by the FCA three weeks in advance of the planned move, with regular reminders thereafter.
Users will need to register for RegData by 10pm on the Friday before your planned migration date. If you have already registered, then you need take no further action.
Firms that still need to register should follow the steps on the FCA website. This will involve logging into Gabriel and linking your Connect account with RegData. If you do not already have a Connect account, you will be prompted to create one during the registration process.
If you are uncertain as to whether you have registered, log into Gabriel. You will be prompted to register if you have not already done so.
There are a number of benefits to RegData:
- It uses the same log-in details as Connect, which means that you don’t need to remember as many usernames or passwords.
- The site has been designed to improve the user journey, simplifying the steps needed to make a submission.
- The platform automatically saves your data every two minutes, which will make it less likely that you will lose your work
- The new system will also be kept under review and improved to ensure a good user experience.
The FCA has produced a series of online guides and short videos to explain how to use this new platform.
If you require any further information or support, please contact your RWA Business Manager.