Regulator consults on adviser-included directory for consumers

Financial Services register to be improved

Hannah Godfrey
clock • 2 min read

The Financial Conduct Authority (FCA) is consulting on a new directory that will include financial advisers and sit alongside the current Financial Services (FS) register.

A consultation paper published today revealed what consumers can expect from the new adviser-included directory. The directory will include public information on individuals that will fall off the FS register with the incoming Senior Managers and Certification Regime (SM&CR), as well as those who will remain on it. Consumers accessing the directory will be able to check an individual's workplace locations, what business they are qualified to undertake, as well as their regulatory sanctions and prohibitions. There will also be an option to filter by location. People will also be abl...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA chair: Name and shame plans 'valid' despite 'stern reaction'

FCA chair: Name and shame plans 'valid' despite 'stern reaction'

Ashley Alder was speaking at a Treasury Committee hearing

Cristian Angeloni
clock 09 May 2024 • 4 min read
Ban and £120,300 fine for former firm CEO who 'put investors at risk'

Ban and £120,300 fine for former firm CEO who 'put investors at risk'

James Lewis was chief executive at London-based Shard Capital Partners

Hope Coumbe
clock 07 May 2024 • 1 min read
Progress over perfection: Targeted support has huge upsides

Progress over perfection: Targeted support has huge upsides

Targeted support is not perfect but 'may be good enough'

Chris McCullam
clock 07 May 2024 • 4 min read