It is hot outside and summer is in full flow, writes Chris Davies, so it is a good time to be keeping cool and on top of business matters
With the summer holiday season upon us it is a great time for wealth manager and financial advice firms to employ regtech, which allows them to take a step back and ‘summer clean' their businesses across some key regulatory issues, such as risk management, data quality and management information. The Financial Conduct Authority's (FCA) 2019/2020 business plan focuses on how firms' data needs to not only be secure but also provide quality management information for them to improve performance and professional practice. Advisers and wealth managers need to be aware the FCA has started w...
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