The FCA is pressing ahead with the process, begun in April, of migrating firms from Gabriel to its new improved data collection platform RegData. If you haven’t already, you can expect to be notified by email three weeks in advance of your moving date. The Regulator has said firms’ moving dates are determined based on ‘the nature of their reporting obligations and reporting schedules’. Prior to the move, the FCA expects you to check your Gabriel entries to ensure that:
- Contact details are up to date
- The correct principal user is nominated and administrator rights are correctly assigned
- Information about all other active users is correct, with any non-active users disabled.
For further information or help with any of the issues raised above call us on 01925 765777 to speak to one of our compliance experts, or email email@example.com.