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Home News Sources Leaprate

FCA improves Financial Services Register for consumer protection

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[item_description], FCA announces improved Financial Services Register for consumer protection

Jonathan Davidson, Executive Director of Supervision, Retail and Authorisations, said:

Table of Contents

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Avelacom launches connectivity, market data and infrastructure solutions on Brazil’s stock exchange

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Jonathan Davidson, FCA
Jonathan Davidson

The Financial Services Register is an important tool for both the consumers and firms who use it.

These changes will make it easier for users to navigate and understand the Register, and in doing so, help them avoid financial harm such as scams by unauthorised firms and individuals.

The Senior Managers and Certification Regime (SM&CR) requires FCA to publish and maintain a directory of certified and assessed persons on the Financial Services Register. The FCA already announced a delay to this but intends to publish it later this year. The deadline for solo-regulated firms to submit information about Directory Persons to the Register was also proposed to be postponed to 31 March 2021.

Read More:

  • Blackstone 500, Bronze FX and others added to FCA warning list
  • Invest Connect, Credit Suisse AG and others added to FCA warning list

The post FCA improves Financial Services Register for consumer protection appeared first on LeapRate.

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