Compliance Monitoring Plan (new Excel version)
A matrix of possible actions a firm should be undertaking at various points during the year to monitor compliance with its regulatory responsibilities.
Archives for: February 3rd, 2023
Guidance on checking the fitness and propriety of an AR [AR06.1]
A copy of the FCA’s guidance on the information a principal firm should obtain to verify and to assess the fitness and propriety of an AR (other than an IAR)
Financial checks a principal should be making on its ARs [AR06]
A copy of FCA guidance in SUP 12 Annex 1 on the steps a principal firm should take in assessing the financial position of an Appointed Representative (AR)
Principal annual self-assessment [AR05]
With the introduction of the new AR Regime on 8 December 2022, the governing body of a Principal firm must review and approve a written record (its ‘self-assessment document’) of the way in which the firm complies with the FCA’s requirements in relation to its ARs/IARs. This must be conducted at least annually. This document […]
IAR appointment quick checklist [AR03]
A document which may be used as a checklist of tasks to consider when appointing an Introducer Appointed Representative (IAR)
Sources of business log [AR02]
A document firms may use to keep a record of their different business relationships and record key information about those relationships. It is a suggested template as a guide only and firms have the flexibility to amend and adapt the document as appropriate. The Log is split into tabs for Sub-Brokers, ARs, IARs and other […]
Appointment quick checklist for ARs [AR01]
A quick reference guide of key checks required, aimed at firms with only a small number of ARs.
Consumer Duty Implementation Plan
A template which can be used to generate an implementation plan for the FCA’s Consumer Duty rules.
Distributor – Periodic Product Review Record (multiple products/groupings)[POG04a]
A document which may be used to help a firm to undertake a periodic review of products that it distributes.
Distributor – Product Distribution Review (Gap Analysis & Action Plan)
A document which may be used as the starting point for performing a gap analysis and creating an action plan to ensure compliance with FCA product distribution rules in PROD 4.3.