This week, the Financial Ombudsman published its Annual Review. The Review, available on the Ombudsman’s website, outlines the nature and number of complaints the Ombudsman receives relating to financial services.
Last week, New Model Adviser reported that the Financial Conduct Authority had visited five SIPP firms. The firms in question were identified as being at a higher risk of not being able to respond to potential compensation claims.
This seems like a good opportunity to have another look at our advice..
2019 looks to be a year filled with new regulations, changes and challenges.
Nothing unusual there, then.
But with the UK’s departure from the EU, and a raft of upcoming legislative changes, the next 12 months look like being busier than most.
It’s a time of change. The UK financial services sector faces perhaps unprecedented uncertainty, with the shape of Brexit as yet undefined.
Nevertheless, the FCA has set out its annual Sector Views, analysing the industry. The publication is the regulator’s ‘annual analysis of the changing financia..
That’s the theme of a blog by risk experts Aon, which we thought was worth sharing here.
It looks at the threats posed by these risks and – conversely – the opportunities they can also present for firms.
The Insurance Distribution Directive (IDD) comes into force for UK firms on 23 February 2018. Here we look at what it entails – in particular regarding the requirement for the new Insurance Product Information Document (IPID).
This week, the Financial Conduct Authority published its 2017/18 Business Plan
For the first time, the regulator launched its Business Plan in tandem with its Sector Views, which highlight issues and developments in the sectors it regulates, and its Mission, identifying its future path.
This week, the FCA published the findings of its Call for Input on the PRIIPs regulation. What do the findings say, and do they have any concrete actions for Compliance teams?
Automation has many recognised benefits for Compliance teams.
If your firm is told to expect a visit from the Financial Conduct Authority, your first reaction is probably one of slight panic.