Tag Archives: fca authorised person

Do I Need To Be Regulated As An FCA Authorised Person?

Financial services providers, investment company and consumer credit firms ought to be Financial Conduct Authority (FCA) authorised. Here’s a summary of what you should know. Due to the regulations made under the Financial Services and Markets Act (FSMA) 2000, financial activities must be regulated by the FCA. Any firm (whether an enterprise, a not-for-profit or […]

Underpinning Better Decision-Making By Using MI

Underpinning better decision-making by employing Effective Management information for conduct risk The conception of “conduct risk” has risen to the top of firms’ and regulators’ agendas in the last few years. In the UK, the FCA presumes conduct risk management as being implanted into firms’ risk management frameworks, maintained by suitable management information (MI). Building […]

Do I Need To Be Regulated As An FCA Authorised Person?

Financial services providers, investment company and consumer credit firms ought to be Financial Conduct Authority (FCA) authorised. Here’s a summary of what you should know. With reference to the provisions made under the Financial Services and Markets Act (FSMA) 2000, financial activities will have to be regulated by the FCA. Any firm (whether an organisation, […]

Using Effective Management information for conduct risk

Underpinning better decision-making by using effective Management information for conduct risk The principle of “conduct risk” has risen to the top of firms’ and regulators’ agendas recently. In the UK, the FCA assumes conduct risk management to be embedded into firms’ risk management frameworks, assisted by relevant management information (MI). Building on latest regulatory and […]

Functional Risk Management Awareness

The term Operational Risk Management (ORM) is not brand-new. It has been tossed about in businesses throughout North America for the last a number of years. ORM and the oft associated term Enterprise Risk Management (ERM) have actually been used as corporate buzzwords, organisation culture idioms referenced in board meetings and articulated throughout presentations. Current […]

Do I Really Need To Be Regulated As An FCA Authorised Person?

Payment services providers, investment firms, most financial services companies and retail credit firms have to be Financial Conduct Authority (FCA) authorised. Here’s a summary of what you must know. With reference to the provisions made under the Financial Services and Markets Act (FSMA) 2000, financial activities have to be regulated by the FCA. Any firm […]

Employing Effective Management Information for Conduct Risk

Underpinning better decision-making by employing Effective Management information for conduct risk 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 expects conduct risk management as being implanted into firms’ risk management frameworks, promoted by proper management information (MI). Developing […]

Can You Really Afford Generic Ongoing Compliance Support?

Can You Really Afford Generic Ongoing Compliance Support? Compliance is an ambivalent function. On the one hand you are considered as the regulators’ ally inside the investment company; overseeing the implementation of their regulation. Conversely, you are paid by the investment company and part of their culture and hierarchy. You might say ‘front office’ (traders […]

Effective Management information for conduct risk

Underpinning better decision-making by making use of Effective Management information for conduct risk The conception of “conduct risk” has been elevated to the top of firms’ and regulators’ agendas in recent years. In the UK, the FCA expects conduct risk management to be lodged into firms’ risk management frameworks, sustained by relevant management information (MI). […]

FCA Authorisation and Harry Potter?

It might just seem trite, to compare making an application for authorisation to a magic trick, but if you are under any impression that less-than-perfect preparation is good enough, take heed. Sarah Rapson, director of authorisations at the FCA said that, “We have begun to take a harder line on submissions that border on the […]