Author Archives: Informer

Underpinning better decision-making by utilising Effective Management information for conduct risk

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The philosophy of “conduct risk” has bubbled to the top of firms’ and regulators’ agendas in the last few years. In the UK, the FCA presumes conduct risk management to become implanted into firms’ risk management frameworks, maintained by suitable management information (MI). Developing on ongoing regulatory and supervisory expectancies and our years of experience […]

Underpinning better decision-making by Using Effective Management information for conduct risk

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The philosophy of “conduct risk” has risen to the top of firms’ and regulators’ agendas lately. In the UK, the FCA presumes conduct risk management as being lodged into firms’ risk management frameworks, sustained by relevant management information (MI). Building on latest regulatory and supervisory expectations and our expertise of what works well in practice […]

FCA Authorisation and Harry Potter – Guaranteed Results?

It may seem run-of-the-mill, to compare submitting an authorisation to a magic trick, Yet if you are under any false impression that less-than-perfect preparation suffices, listen up people. Sarah Rapson, director of authorisations at the FCA said that, “We have begun to take a harder line on submissions that border on the vexatious.” Needless to […]

FCA Authorisation Brochure – The Basic Process

At last! A site that helps you understand differences between an FCA Authorised Person. FCA Approved Person and the FCA Regulated Activities involved. Also helps identify what you need for FCA Authorisation, including requirements from the FCA Handbook

Significant Rise In RegTech Costing Forecast By 2023

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This is according to a new report from Juniper Research, which estimates that spending on RegTech solutions, specifically, will escalate from an estimated $18bn (₤ 14bn) this year to $115bn (₤ 100bn) by 2023. Financial commitment is forecast to go up by an average of 45% per annum over the next five years, far more […]

Connect With FCA Authorisation And Learn What FCA Regulated Activities You Need

In March 2018, the FCA published 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.

  Many firms ask the question whats does FCA authorised mean? They want to understand what FCA regulated activities would be involved if the obtain their FCA licence, registration or authorisation. Often they get confused about things like the difference between the FCA Connect Service and FCA Gabriel, needing expert help from specialist FCA authorisation […]

Underpinning better decision-making by utilising Effective Management information for conduct risk

The philosophy of “conduct risk” has risen to the top of firms’ and regulators’ agendas lately. In the UK, the FCA presumes conduct risk management to be embedded into firms’ risk management frameworks, sustained by suitable management information (MI). Building on latest regulatory and supervisory requirements and our prior experience of what works well in […]

FCA Authorisation Spell – Guaranteed Results?

It may well sound worn-out, to compare submitting an authorisation to a magic trick, Nevertheless if you are under any illusion that less-than-perfect preparation suffices, listen up. Sarah Rapson, director of authorisations at the FCA said that, “We have begun to take a harder line on submissions that border on the vexatious.” Undoubtedly, it’s hard […]

Dramatic Escalation In RegTech Being Forecast By 2023

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That is with reference to a new report from Juniper Research, which estimates that spending on RegTech systems, specifically, will escalate from an estimated $18bn (₤ 14bn) this year to $115bn (₤ 100bn) by 2023. Financial investment is forecast to climb by an average of 45% per annum over the next five years, far greater […]

Brand new FCA suggestions on operational and security risk management by Payment Services Providers (PSPs)

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In March 2018, the FCA released its consultation paper (CP18/6) on its proposed approach to the application of the European Banking Authority’s (EBAs) final guidelines on security measures 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-payment-services-electronic-money-2017.pdf.  Generally, the documents do not […]