Compliance Consultant UK’s Post

🎯 Strategic compliance made simple: Master FCA Consumer Duty Board reporting requirements. Practical insights for financial firms and compliance teams. https://lnkd.in/eXdaZhhz #FCACompliance #UKBusiness #RegulatoryCompliance 📑 💡

🎯 Strategic compliance made simple: Master FCA Consumer Duty Board reporting requirements. Practical insights for financial firms and compliance teams. https://lnkd.in/eXdaZhhz #FCACompliance #UKBusiness #RegulatoryCompliance 📑 💡

🎯 Strategic compliance made simple: Master FCA Consumer Duty Board reporting requirements. Practical insights for financial firms and compliance teams. https://lnkd.in/eXdaZhhz #FCACompliance #UKBusiness #RegulatoryCompliance 📑 💡

🎯 Strategic compliance made simple: Master FCA Consumer Duty Board reporting requirements. Practical insights for financial firms and compliance teams. https://lnkd.in/eXdaZhhz #FCACompliance #UKBusiness #RegulatoryCompliance 📑 💡

We have issued our response to the recent Financial Conduct Authority's call for input on FCA requirements following the introduction of the #ConsumerDuty. We are supportive of the regulator’s plans. A road map of simplification allowing firms the flexibility to engage with their customers in a way that suits them could result in improved consumer outcomes. This activity needs to be carefully thought through to manage workloads for firms and to avoid unintended consequences. We hope that this call for input is the start of a period of on-going engagement. You can find the full response here - https://pimfa.cc/GdjPA #regulation #financialservices

📝 Elevating Financial Promotions with 'Standalone Compliance' 💡 Throughout my tenure, more recently over the past decade, I've meticulously reviewed thousands of financial promotions (yes, really). One area that consistently sparks debate is 'Standalone Compliance'. The recent Finalised Guidance from the FCA once again underscores this topic, articulating, "We expect financial promotions to be standalone compliant. This means that each communication must comply with our rules when considered individually." A crucial aspect I often emphasize to firms is the necessity for essential information to be readily visible without the need for additional actions, such as click-throughs. The FCA elaborates on this point in page 12, section 2.29, talking about prominence which I find particularly enlightening. You can also see the full section on page 12 ref 2.20. I'm eager to hear your insights on Standalone Compliance. Do you perceive it as challenging or straightforward when crafting financial promotions? #FinancialPromotions #StandaloneCompliance #FCAGuidance #FG24/1 #motor #motorfinance #compliance #riskandcompliance #consumercredit FG24/1: Finalised guidance on financial promotions on social media https://lnkd.in/eq9tNdUj

Following the introduction of the Consumer Duty, the FCA has wasted little time in putting its new supervisory toolkit into action, with adviser charging as its next focus. If this impacts your business, I would be happy to chat through the implications and potential ways of handling the required activity. https://lnkd.in/d6ry4HTu #consumerduty #remediation #advicecharges

Happy Listing Rule changes day! 📚🥳 At long last the new UK Listing Rules have been approved - only time will tell whether they are the shot in the arm that UK capital markets have been crying out for. We’ve set out the key practical changes to be aware of in our briefing note. #EquityCapitalMarkets #CorporateLaw

We have taken a look at the most recent updates made by the Financial Conduct Authority to its Perimeter Report. Not a huge amount which is new for our typical audience. Still, we have pulled out a few interesting bits which we feel have not received much coverage. #compliance #regulatoryaffairs #regulation #complianceofficer #trading