This Consultation Paper (CP) forms part of our ongoing review of reporting as part of our data strategy. This is consistent with the FCA’s commitment to ensuring the data we collect from firms is proportionate and traceable to a defined FCA need.
We are proposing a number of changes to the data we collect from certain regulated firms through the Retail Mediation Activities Return (RMAR) and annual questionnaire for Authorised Professional Firms (APFs).
We currently collect adviser charging and consultancy charging data from investment advice firms through Sections K and L of the RMAR. Based on feedback from firms, we are looking to:
We are consulting to revise the reporting requirement and bring the annual questionnaire completed by APFs into GABRIEL as a new form.
We are also consulting on a minor change to the submission of Product Sales Data (PSD), which we hope will improve clarity around the PSD reporting requirements.
This CP will be of interest to:
We want to know what you think of our proposals. Please use the online response form or write to us at the address on page 2 of the paper.
Please send us your comments on:
We will consider the feedback received and publish a Handbook Notice policy statement in late 2014.
For more information:
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