The CCI Regime Makes You a Distributor. Here Is What That Obliges You to Do.
FCA PS25/20 defines a distributor as anyone who advises on a CCI. Advisers have three pre-sale minimums from 8 June 2027, and one date in December 2026.
Tag
Compliance
6 articles tagged with "Compliance"
Suitability Reports Under Consumer Duty: COBS Says Say It, PRIN Says Be Understood
COBS 9A.3.2 says what a suitability report must contain. PRIN 2A.5.3 adds a test it never had: it must be likely to be understood.
How Discretionary Investment Management Is Regulated in the UK: An Adviser's Guide
How discretionary investment management is regulated in the UK: FCA permissions, COBS suitability, client agreements, reporting and best execution for advisers.
Ongoing DFM Oversight: A Consumer Duty Framework for Wealth Advisers
How UK wealth advisers should run ongoing oversight of their DFM under Consumer Duty: monitoring framework, board reporting, and red flags to act on.
Adviser Succession Planning: FCA Expectations and Practical Steps for UK Wealth Advisers
How UK wealth advisers should approach succession under FCA expectations: SYSC, Consumer Duty, SMCR, and the practical handover steps the regulator looks for.
Consumer Duty One Year On: What Wealth Advisers Must Do Now
The FCA's Consumer Duty has been in force for over a year. Here is what wealth advisers need to focus on to stay compliant and competitive.