Compliant status
Q. I have just been made compliance officer by my firm. I know that everything is not quite as it should be. What should I do?
More and more we are seeing firms that, having successfully become authorised, have done little to maintain or embed their compliant status. So you are not alone!
You will be aware of the main headings of ICOB, money rules, TCF, T&C, complaints and the like. You could start by drawing up a list of headings and see what material you have and what progress has been made.
You should also familiarise yourself with the information required every six months for RMAR and ensure that is done accurately
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