Category Archives: Uncategorized

Consistency Management in Financial Industries: A Model-based Business Process as well as likewise Reporting Perspective (SpringerBriefs in Information Systems). Thinking about that the ideal of the world financial scenario in 2008, consistency management has really gotten back at much more as well as likewise a lot more enthusiasm from technique as well as likewise research study. Thinking of the considerably improving variety of legal needs in the design of information systems is a challenge to financial service firms. From a business treatment point of view, a technique is supplied that enables the computerized surveillance of solution treatment layouts.

Extraordinary Escalation In RegTech Costing Forecast By 2023

That is with reference to a new report from Juniper Research, which predicts that spending on RegTech solutions, particularly, will increase from an approximated $18bn (₤ 14bn) this year to $115bn (₤ 100bn) by 2023. Financial investment is forecast to grow by approximately 45% per annum over the next five years, far greater than the […]

2016 FCA Changes to Regulated Complaints Handling

The changes made to the FCA’s complaint handling rules (appearing inthe FCA Handbook – DISP)in June 2016 are well documented and should have been embedded by this time. In conclusion:  The ‘next business day rule’ has been extended to develop into a ‘three business day rule’ (where sending final response letters (FRLs) are required). Firms […]

The Changes to Regulated Compliant Handling Rules 2016

The changes made to the FCA’s complaint handling rules in June 2016 are well documented and should be adopted by every financial services firm buy now. In summary: The ‘next business day rule’ has been extended to become a ‘three business day rule’ (where sending final response letters (FRLs) are required). Firms must now send […]

FCA Complaints Handling Changes in 2016

The alterations made to the FCA’s complaint handling rules in June 2016 are well documented. In conclusion: The ‘next business day rule’ has been extended to develop into a ‘three business day rule’ (where sending final response letters (FRLs) are concerned). Firms must now send a ‘Summary Resolution Communication’ (SRC) in response to all complaints […]

Claims management companies (CMCs) and FCA Authorisation

Claims management companies (CMCs), known in the financial services compliance business as “Ambulance Chasers” will must summon a lot more than ₤ 7m next year to set up a compliant scheme to adequately satisfy the regulator the sector, the Financial Conduct Authority (FCA) has revealed. The sum to be paid in 2019-20, if accurate, is […]