There are four 'prescribed responsibilities' (PRs) a firm must allocate to its senior managers, writes Richard Nuttall, although a fifth applies if the firm is authorised to hold client money/assets - that is, a 'CASS' firm.
Please bear in mind that PRs apply to ‘core' firms only. They do not apply to ‘limited scope' firms, such as sole traders or limited permission consumer credit firms. Firms should decide which senior...
Focusing on key outcomes
Firms to be moved in stages
FCA consults on prudential investment firm rules: Targets liquidity, remuneration and capital requirements
FCA calls for industry views on post-Brexit prudential rules
'Catastrophic for unwitting investors'
It’s The Pro Adviser Podcast
'Demonstrate quality control'
Join us at 11am on Thursday 9 July
Pop culture representation