Financial Advice Providers: how a CAR can keep you moving
Financial Advice Providers: how a CAR can keep you moving
13 APR 2021
Reporting entities that are also financial advice providers (FAPs) must be able to confirm to the regulator, professional indemnity insurers and product providers that they are compliant with the relevant requirements of the new financial advice regime.
This includes complying with the legislation, regulation, code of conduct, good conduct obligations and FAP standard conditions now in place. The simplest way to do this is by having an independent Compliance Assurance Review (CAR) carried out, allowing you to focus on other things.
Strategi provides just such a review of your FAP licence obligations. For more information about our Compliance Assurance Review and what it includes, click here, or contact the Strategi compliance team for more information.