Monthly Archives: August 2011

  • Capital Resources Requirements

    The FSA has deferred the introduction of new capital rules (increasing the minimum level from £10,000 to £20,000) for firms for two years to allow firms more time to prepare.... Read more.

  • Platforms

    FSA have just issued a factsheet which is reasonably succinct, outlining their views on the use of one or more platforms in relation to the independence issues – worth reading;-... Read more.

  • CPD in the post RDR world

    FSA have issued a “one minute” guide to their requirements for CPD commencing in 2013 – a bit far away at the moment, but worth bearing in mind. No major... Read more.

  • Financial Ombudsman Service – compensation limit

    The FOS award limit increases to £150,000 from £100,000 with effect from January 2012.

  • Money Laundering declarations

    We’ve attached a declaration form which you may wish to ask staff sign and then add to the relevant staff file. With regard to Money Laundering training, if you feel... Read more.