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 commits to fast authorisations to boost finance sector

FCA commits to fast authorisations to boost finance sector

The regulator’s latest business plan highlights this focus

Sahar Nazir
clock 19 March 2024 • 1 min read
FCA to invest £1.9m in supporting clients with investment decisions

FCA to invest £1.9m in supporting clients with investment decisions

The regulator’s 2024/25 business plan outlines new initiative for investment

Sahar Nazir
clock 19 March 2024 • 1 min read
FCA's Rathi: Fair value is not 'Trojan horse' for price regulation

FCA's Rathi: Fair value is not 'Trojan horse' for price regulation

'Move away from prescriptive rules, beloved of compliance consultants’

Jenna Brown
clock 14 March 2024 • 4 min read