The FCA has published proposed guidance on its rules relating to outsourcing to the cloud and other third-party IT services (Guidance Consultation 15/06). The guidance sets out areas of interest for firms to consider in outsourcing, namely: legal and regulatory considerations; risk management; international standards; oversight of the service provider; data security; the Data Protection […]

We are consulting on procedural guidance relating to the competition powers we will get on 1 April 2015 and minor amendments to the FCA Handbook. Why are we consulting on this? We have designed our procedures with the aim of using our competition powers effectively and efficiently. This should benefit consumers through detecting, enforcing against […]

The FCA has published proposed guidance for consultation which sets out the FCA’s expectations of firms that are involved in the transfer of investors in authorised funds from pre-Retail Distribution Review (RDR) unit classes to post-RDR (clean) unit classes. The guidance looks at: whether a conversion to a clean unit class should be treated in […]