Complyport Included in FCA’s Skilled Person Panel

Complyport is delighted to announce that it has been included in the Financial Conduct Authority (FCA)’s Skilled Person Panel for Prudential – Adequate Financial Resources for FCA solo-regulated firm. ‘Skilled persons’ are external sources used by the UK Regulator when they need to source additional expert views or additional analysis [...]

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FCA Sets Out it’s Views on Compliance Officer and Money Laundering Reporting Officer Roles in Authorised Firms

Authorised and registered firms must have heads of compliance and Money Laundering Reporting Officers (MLROs). These firms are required to have an FCA-approved Senior Management Function (SMF) holder to carry out these roles (per the FCA Handbook’s entries for SMF16 and SMF17).  However, there is more to this than simply [...]

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Managing the Risk to Your Firm & Dealing with the Regulatory Changes in Operational Resilience

The release of the FCA’s Operational Resilience Policy (PS 21/3) outlines new rules coming into force on 31 March 2022. Firms that fall within scope must have identified their important business services, set impact tolerances for the maximum tolerable disruption, and conducted adequate mapping and testing. Operational Resilience Framework The [...]

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