•The Financial Guidance and Claims Act
2018
•CP 18/15 – 264 pages
•1 April 2019 – FCA takes over (subject to Parliamentary approval)
•New Rules to apply – pre sale; regular updates; clarity on fees; marketing;
disclosure of Ombudsman (free) services
•All calls will need to be recorded – 12
month retention
•Capital resourses requirements
•Client Money controls – appoint a Person Accountable for Client Money
•Lead generation and Data Protection
issues
•Complaints handling and Firms will be subject to FOS
Compliant Solutions Limited
- experts in helping Financial Services Businesses deal with the business challenges of Financial Conduct Authority Compliance - for help contact ian@compliantsolutions.co.uk
Or visit www.compliancetips.co.uk
Compliant Solutions Limited
- experts in helping Financial Services Businesses deal with the business challenges of Financial Conduct Authority Compliance - for help contact ian@compliantsolutions.co.uk
Or visit www.compliancetips.co.uk
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