Compliance Consultancy & Training

There is some concern about how a customer’s vulnerability can be collected, recorded and acted upon, given the constraints of the General Data Protection Regulation. So to help firms we’ll be focussing on the interplay between vulnerabilities and the GDPR in a series of articles between now and the first half of 2020. First up is the issue of explicit consent.

With just over two weeks to go until commencement, solo-regulated firms should be finalising their preparations for the start of the Senior Managers and Certification Regime. Firms can use the FCA’s checklist to make sure they’re on the right track, but we’ve had a number of queries from firms who are struggling with some of the finer points of the Regime, so this week we’ll take a look at final stage troubleshooting.

Aiming to strengthen accountability and responsibility in financial services, the Senior Managers and Certification Regime will complete its roll out across the industry when solo-regulated firms come under the Regime on 9 December 2019. With deadline day less than a month away, this week we’ll take a look at how firms can make the most of the run-up to implementation day.