FCA warning: 'Letter timely reminder of importance of platform models'

'Dear CEO' letter

Sophie King
clock • 3 min read
The FCA published its Dear CEO letter on Monday (26 July).
Image:

The FCA published its Dear CEO letter on Monday (26 July).

Financial services professionals have welcomed the latest Financial Conduct Authority (FCA) Dear CEO letter to platforms.

The Dear CEO letter, published on Monday (26 July), warned investment platforms that IT outages and operational issues on 9 November 2020 were "clear examples of severe but plausible" operational disruptions....

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms