FCA confirms Certification Regime and Conduct Rules deadlines

The FCA has issued a Policy Statement summarising consultation feedback and setting out the final rules for its Certification Regime and Conduct Rules.

At the FCA’s request, the Treasury has made a statutory instrument putting back the date by which solo-regulated firms must have undertaken a first assessment of the fitness and propriety of their Certified staff from 9 December this year until 31 March 2021.

The FCA has reminded solo-regulated firms of their obligation to submit their Directory Persons data via Connect by the latter date, using the single-entry submission form. 

The data will be published on the Financial Services Register and will begin to appear from 14 December as the information is submitted via Connect.

Firms will be responsible for maintaining their own data once published. Submissions must be made by 9 December 2020 to appear on the Directory from the outset.

To find out more about what this involves for your firm, click here or call us on 01925 765777, or email us at info@ukgigroup.com.

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