FCA Thematic Review 14/5 & 14/6 – Supervising Retail Investment Firms

The FCA has recently completed the second stage of its thematic review on how firms and advisors are implementing RDR requirements. TR 14/5 focuses with greater clarification on what actions firms should take to meet the new independence requirements. TR 14/6 focuses on whether firms are complying with the disclosure requirements. For useful summaries click TR 14/5 and TR 14/6 and for our handy glance card of good and poor practices see below:

Should you require any further advice or information on the above, Cleveland & Co, your external in-house counsel, are here to help.