Information to be recorded on each representative should include:
A firm is required to retain these records for at least three years from the date of the termination or the amendment of the contract.
For tied agents the records must be retained for five years.
Our at-a-glance guide to a busy week of FCA activity.
Hameed Shuja2 min read
An increase in fines imposed on firms is likely to result in greater revenue this year, and a reduction in fee for firms that the FCA regulates.
Hameed Shuja1 min read
This is the first time an FCA chief has been reappointed for a second term. Rathi will now stay in the role until 2030.
Hameed Shuja2 min read
The FCA is aiming to remove ambiguity around safeguarding processes and better align them with the Client Asset Sourcebook.
Neil Robson has reservations about the reality of the UK Government's ambitions for regulation.
Neil Robson | Katten Muchin Rosenman3 min read
The watchdog says the initiative is part of its work programme for the financial year 2025-2026.
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The announcement comes after continued government pressure to cut regulation and support growth.
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Matt is a partner in Ashurst’s Risk practice. He supports clients' data governance, and helps manage risk and regulatory compliance.
Jean Hurley32 min listen