FCA compliance & business support
in Richdale’s safe hands!

LinkedInConnect with us phone+44 (0)20 7781 8019
Get in touch for a free consultation

Latest News and Updates

Keep your finger on the pulse of all the key regulatory updates affecting the UK financial service sector and beyond within our Latest News section. We’ll cover all the major talking points affecting the insurance, mortgage and property industries, as well as the impact of Brexit on the regulation of Britain’s wholesale and retail financial services firms.

Mar 22

Joining a Mortgage Broker Network

Posted on March 22nd, 2021

If an individual applies to join a mortgage broker network, it is a form of business partnership. This means they pay regular membership fees which provides them with access to

Find out more

Mar 22

Importance of File Checks and Reviews for Directly Authorised Firms

Posted on March 22nd, 2021

The FCA emphasises the importance of implementing and monitoring procedures, which should include file checks and reviews. File reviews are a critical part of following the FCA’s fair treatment of

Find out more

Mar 18

Does SMCR Compliance Apply To Me?

Posted on March 18th, 2021

The Senior Managers and Certification Regime (SMCR) focuses on senior managers and individual responsibilities in firms that provide financial services. It assists the Financial Conduct Authority (FCA) in regulating people

Find out more

Jan 28

Mortgage prisoners: Measures you can take

Posted on January 28th, 2021

Mortgages are supposed to provide customers with the means to buy properties they want, but they can end up becoming a trap. ‘Mortgage prisoners’ is a term used to describe

Find out more

Jan 19

Mortgage Broker Compliance

Posted on January 19th, 2021

Compliance is an integral part of being a mortgage broker because it protects the customer and improves the business, as well as the industry as a whole. As the regulator

Find out more

Jan 14

SMCR: The Requirement to Register Individual Advisers

Posted on January 14th, 2021

SMCR replaces the FCA’s Approved Persons Regime, putting greater emphasis on the senior management and individual responsibility within the financial services sector. Because of this emphasis, it is important that

Find out more

Jan 12

How Claims Management Companies Can Improve Their Regulatory Compliance

Posted on January 12th, 2021

In October 2020, the Financial Conduct Authority (FCA) sent out a letter to claims management companies (CMCs), warning them of poor attitudes towards regulatory compliance. The FCA’s letter listed several

Find out more

Jan 7

The Importance of Supervision and Oversight on Financial Compliance for Mortgage Advice Firms and Networks

Posted on January 7th, 2021

In October 2020, the Financial Conduct Authority (FCA) wrote to mortgage intermediaries about the current state of the mortgage advice market and stressed the importance of supervision and oversight on

Find out more

Dec 17

What Are the Benefits of Being an Appointed Representative in a Mortgage Network?

Posted on December 17th, 2020

As a mortgage broker, there are different ways of running your own business. You can be totally independent as a directly authorised broker, or you can join a mortgage network

Find out more

Nov 17

What FCA Compliance Applies to Fintech?

Posted on November 17th, 2020

Typically, fintech companies have some or all of the following features: Technology Innovation Alternative finance Usually, any financial services company that uses technology in how it designs or produces its

Find out more

Copyright © 2024 Richdale Consultants Ltd. All Rights Reserved.