FCA
How to Check Who Holds an SMF on the FCA Register
How to Check Who Holds an SMF on the FCA Register The Financial Services Register is the quickest way to see who a firm’s Senior Managers…
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Archive
Category: FCA
FCA
CASS 8 Mandates Explained for Smaller Firms
CASS 8 Mandates Explained for Smaller Firms Many small firms that never hold client money still fall within the client assets rules, because they hold something…
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FCA
Compliance Monitoring for Investment Firms: What to Test and How Often
Compliance Monitoring for Investment Firms: What to Test and How Often A compliance monitoring plan for a discretionary manager, wealth manager or advice firm should look…
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FCA
Reducing Sanctions Screening False Positives at a Wealth Manager
Reducing Sanctions Screening False Positives at a Wealth Manager A wealth manager with 15,000 clients can easily find its sanctions screening queue full of alerts that…
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FCA
CASS Resolution Pack: What It Must Contain and Who Owns It
CASS Resolution Pack: What It Must Contain and Who Owns It If a firm holding client money or custody assets fails, the insolvency practitioner’s first question…
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FCA
The ICARA Process Step by Step: Owners, Timetable and Review
The ICARA Process Step by Step: Owners, Timetable and Review Every MIFIDPRU investment firm has to run an Internal Capital Adequacy and Risk Assessment, and the…
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FCA
ICARA Consultant or In-House Hire? Who Should Run Your ICARA
ICARA Consultant or In-House Hire? Who Should Run Your ICARA For most small investment firms, a capable in-house finance or risk lead supported by an external…
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FCA
Conduct Rules Scenarios: Practice Questions With Answers
Conduct Rules Scenarios: Practice Questions With Answers Most conduct rules training ends with a short test built around scenarios: is this person covered, which rule has…
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FCA
Leaving a Network: A 12-Month Plan for Insurance Brokers
Leaving a Network: A 12-Month Plan for Insurance Brokers Plenty of brokers start life as an appointed representative of a network. It is a sensible way…
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FCA
Does a General Insurance Broker Need an MLRO?
Does a General Insurance Broker Need an MLRO? It is one of the most common questions we hear from brokers applying for authorisation or leaving a…
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FCA
Client Money at a New Brokerage: Five Decisions to Make Before Your First Premium
Client Money at a New Brokerage: Five Decisions to Make Before Your First Premium For a new or newly directly authorised insurance broker, client money is…
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FCA
Who Checks the Checker? Independence When One Person Is Compliance Officer and MLRO
Who Checks the Checker? Independence When One Person Is Compliance Officer and MLRO Combining the compliance officer and MLRO roles is one of the most common…
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