Directory Persons News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Making changes to your firm’s list of Directory Persons can be time-consuming, but the regulatory path does not have to be taxing.

There are no shortcuts to building consumer trust, writes Tim Sargisson. But getting the basics sorted, such as complying with SM&CR and other regulatory diktats, is a good place to start

The Financial Conduct Authority (FCA) is contacting thousands of firms across various sectors that appear to have missed the 31 March 2021 deadline for submitting “Directory person”...

Mortgage firms face repercussions if Directory Permissions not submitted By Rebekah Commane 22 nd April 2021 6:05 pm Mortgage advice firms could be fined if they do not submit Directory Persons information to the FCA in the next seven days, the Association of Mortgage Intermediaries has warned. Ami has been told by the FCA that over 2,800 firms are yet to submit their Directory Persons and, should accurate information not be submitted, they could risk having their regulatory permissions removed. The Directory includes data on all certified staff, both executive an...

The Association of Mortgage Intermediaries (AMI) has been informed by the Financial Conduct Authority (FCA) that more than 2,800 firms are yet to submit their Directory Persons information.  AMI has warned that firms risk a fine if they do not provide the data in the next seven days, and risk entering a pathway that could lead to having their regulatory permissions removed if the information is not completed correctly. Robert Sinclair (pictured), chief executive of AMI, said: “There appears to be a significant number of investment and mortgage advice firms that have not advised the FCA of...