Regulatory Specialist
Certification and SPS – when two worlds collide
Since the Retail Distribution Review (RDR) all Retail Investment Advisers must obtain a Statement of Professional Standing (SPS).
Jeff Abbott · 2 Aug 20175 min read
121 articles
Regulatory Specialist
Browse all articles across people aspects of regulation and people development within UK financial services
Regulatory Specialist
Appropriate Qualification Exam Standards must reflect changing markets, product types and lifestyle needs
The FCA’s training and competence regime helps to protect consumers by ensuring that staff working in financial services are appropriately qualified and regulated.
Lawrence Finkle · 30 Jun 20174 min read
Regulatory Specialist
Client reviews
This is quite a hot issue. The FCA has undertaken a thematic review, following RDR, relating to the full advice process. This starts with Initial Disclosure Documents (IDD), goes through fact finding, research, presentation, implementation and then review.
Tony.Catt · 30 Jun 20174 min read
Regulatory Specialist
MiFID II, SMCR, FEMR – The push for competent employees
Over the last few years, the financial services industry has been presented with a series of regulations and guidelines: The Fair and Effective Markets Review (FEMR), the Senior Managers and Certification Regime (SMCR) and the Markets in Financial Instruments Directive II (MiFID II).
Andrew Bennett · 29 Jun 20177 min read
Regulatory Specialist
MiFID II – implications
With the recent election now behind us and the Brexit negotiations likely to drag on for much of the next two years we can turn our attention back to ensuring our businesses are prepared for what we already know is coming at us.
Vince Harvey · 29 Jun 20174 min read
Regulatory Specialist
MiFID II: Are you prepared?
After ten years of extensive revision, debate and delays, the revised Markets in Financial Instruments Directive II (MiFID II) will finally come into force in January 2018.
Phil Thornton · 29 Jun 20176 min read
Regulatory Specialist
Adapting firms’ culture to meet the needs of the FCA Certification Regime
Introduction of the FCA’s new Accountability Regime continues apace. The one-year Transitional Period for issuing certificates to affected staff has just expired. All dual regulated investment firms have now met the requirements of the new regime, and FCA-regulated firms are now preparing for implementation beginning in 2018.
Jerome Payne · 18 May 20177 min read
Regulatory Specialist
What’s your training strategy for compliance?
Regulation is only going one way, equaling an ever growing need to evidence competency. With 52,000 more firms due to come under the Senior Managers Regime by 2018, Simon Mercer, Unicorn ComplianceServe Product Manager, asks ‘What’s your training strategy for compliance?’
Unicorn Training · 30 Mar 20177 min read
Regulatory Specialist
T&C Guidance on suitability reports
The matter of suitability letters/reports has exercised the minds of advisers over the years. For some, they are a necessary evil to satisfy compliance.
Tony.Catt · 28 Mar 20176 min read
Regulatory Specialist
It’s all about conduct
Enough time has elapsed post RDR for the UK Wealth Management industry to start taking stock of the long term impacts and ongoing implications.
Neil Herbert · 13 Mar 20177 min read
Regulatory Specialist
‘Facts are stubborn things, but statistics are more pliable’
Hannah and Will have reputations that go before them. Hannah is a senior manager in a global insurance firm. Each year, she regularly dismisses the reminders that pop-up onto her computer screen drawing her attention to the fact that time is running out.
Ken Cohen · 13 Mar 20178 min read
Regulatory Specialist
Consumer credit – taking the long term view
A huge proportion of my working life, and that of my colleagues, is spent speaking directly with clients – existing and prospective – about their online training needs.
Unicorn Training · 13 Mar 20176 min read
