Regulatory & new business developments
Changes – to your business or regulation?
Things very rarely stay the same either as your business develops and expands into new products and services or in relation to the rules and regulations that impact on running a successful and compliant organisation.
We can provide guidance on the compliance impacts of either your new business initiatives or FSA regulatory developments.
For new business developments, this can include identifying whether the firm needs to apply for a Variation in Permission and where required, implementing changes to your existing compliance regime so that this remains compliant. We project manage the implementation of any new requirements and also ensure that these developments appropriately consider Treating Customers Fairly.
Previous major regulatory developments that we have advised on include:
• The Financial Services and Markets Act (’FSMA’) 2000
• Insurance Mediation Directive
• Markets and Financial Instruments Directive (‘Mifid’)
• Payment Services Regulations 2009
• Money Laundering Regulations 2007
• Treating Customers Fairly
• Regulation of Personal Pension Scheme Operators (including SIPP’s)
Current regulatory developments being discussed include preparation for the Retail Distribution Review and implementation of the new UK regulatory structure including the Consumer Protection and Markets Agency.
Things very rarely stay the same either as your business develops and expands into new products and services or in relation to the rules and regulations that impact on running a successful and compliant organisation.
We can provide guidance on the compliance impacts of either your new business initiatives or FSA regulatory developments.
For new business developments, this can include identifying whether the firm needs to apply for a Variation in Permission and where required, implementing changes to your existing compliance regime so that this remains compliant. We project manage the implementation of any new requirements and also ensure that these developments appropriately consider Treating Customers Fairly.
Previous major regulatory developments that we have advised on include:
• The Financial Services and Markets Act (’FSMA’) 2000
• Insurance Mediation Directive
• Markets and Financial Instruments Directive (‘Mifid’)
• Payment Services Regulations 2009
• Money Laundering Regulations 2007
• Treating Customers Fairly
• Regulation of Personal Pension Scheme Operators (including SIPP’s)
Current regulatory developments being discussed include preparation for the Retail Distribution Review and implementation of the new UK regulatory structure including the Consumer Protection and Markets Agency.
