Author Archives: Informer

PSD2 Regulatory Technical Standards – A Practical Guide

PSD2 Regulatory Technical Standards – A Practical Guide & Workshop A ½ Day Course The PSD2 Requirements for SCA from September 2019 onwards   What Makes This Course Different? We have been delivering training for over 20 years and this is one of our core competencies. We believe we are experts on this topic and […]

SFTR NOW – Securities & Financing Transaction Reporting Final Countdown

SFTR Transaction Reporting- A Practical Guide A ½ Day Course   ESMA Technical Standards and Requirements. What Makes This Course Different? We have been delivering training for over 20 years and this is one of our core competencies. We believe we are experts on this topic and having delivered training to a wide range of […]

Overseas & Foreign Companies and UK FCA Authorisation FAQs

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Setting up a business to work from London, UK, when you are an overseas entity can be daunting and is not for the feint-hearted, but we can help with this range of FAQs concerning setup, property, recruitment and authorisation with the FCA or PRA. To have us act as your agent while set up is progressed is easy and cost effective. Contact us today 0207 097 1434.

The SMCR 2019 Project Plan to End of 2019

As we all know, the Treasury has directed the FCA to extend the Senior Managers & Certification Regime (SMCR) to all financial services firms in the UK. Many firms have still not started to prepare for their SMCR deadline of 9th December 2019. We have created a 90+ point project plan for all firms, where we can conduct the entire project for you or you can buy our plan and conduct it yourself.

Making Compliance Work: A Short Overview of Board Minutes

Lee Werrell, Chartered FCSI and owner of Compliance Consultant states, “As with all good compliance; it’s not what you do, it’s what you wrote down that you did and why”.

What Is The SMCR Implementation Time Scale

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Concerning the SMCR for remaining FCA authorised firms under FSMA Authorisation The largest challenge for the remaining FCA authorised firms under FSMA, who will need to execute changes to obey all components of SMCR is time scale. The larger organisations who will undergo the enhanced regime must not miscalculate the time and energy necessitated to […]

Do You Have Control of Your Risk & Compliance Documents?

Deep in the heart of your company’s network directories are in all likelihood to be a variety of vital documents. These documents could well save your business in the event of prosecution, regulatory enforcement, employment tribunal or a complex insurance claim. They are your risk & compliance documents. Failure to manage and/or deliver this documented evidence can put your business at considerable risk of fines, regulatory scrutiny and even prosecution (even if you are actually compliant).

Fresh FCA proposals on operational and security risk management by Payment Services Providers (PSPs)

In March 2018, the FCA released its consultation paper (CP18/6) on its proposed approach to the execution of the European Banking Authority’s (EBAs) final guidelines on security precautions for operational and security risks of payments services under PSD2. The Latest Approach document, Version 2, was released 19th December 2018 https://www.fca.org.uk/publication/finalised-guidance/fca-approach-to-payment-services-electronic-money-2017.pdf.  Altogether, the documents do not […]

Can You Really Afford Generic Ongoing Compliance Support?

The problem with most firms, whether they be IFAs, Stockbrokers, Payment Services or whatever sector, is that the Compliance Officer is treated unfairly, if they are running the compliance function as a component of their job. Whether they are advising, trading or operate the financial side of the business, unlike 10 or even 5 years […]

Fresh FCA proposals on operational and security risk management by Payment Services Providers (PSPs)

  During March 2018, the FCA issued its consultation paper (CP18/6) on its proposed approach to the application of the European Banking Authority’s (EBAs) final guidelines on security procedures for operational and security risks of payments services under PSD2. The Latest Approach document, Version 2, was released 19th December 2018 https://www.fca.org.uk/publication/finalised-guidance/fca-approach-to-payment-services-electronic-money-2017.pdf.  Generally, the documents do […]