Recommending UCIS: ten top tips

1 PI cover Always ensure you have relevant PI cover prior to making any recommendation. This may need to be checked on a case by case basis. 2 Read All relevant staff and management should read and be familiar with the output of the FSA review. They should receive training and their CPD should be documented in detail. 3 Process The firm must have a robust process for promoting or advising on UCIS which must be known and followed, by all relevant staff. 4 Pre-approval The process should include arrangements for pre-approval. 5 Exemptions Maintain management information ...