Firms who provide intermediary services arranging and/or advising on retail products must submit a retail mediation activities return (RMAR).
This includes the following retail products:
- mortgages
- non-investment insurance
- investment products
The RMAR has 10 sections, covering different aspects of a firm’s business.
Which sections firms complete will depend on the type of business you do.
The following firms must complete the sections of the RMAR relevant to the activities you undertake:
- Firms with permission to carry out insurance distribution activity in relation to non-investment insurance contracts (such as general insurance broker).
- Firms with permission to carry out home finance mediation activity (such as mortgage broker).
- Personal investment firms and other investment firms that have retail customers and carry out certain activities in relation to them, such as advising on investments (such as financial adviser or wealth manager).
Submit your return via our data collection platform, RegData.
We also have notes to help you complete the RMAR in SUP16 of our Handbook.
Sections of the RMAR
- RMA-A: Balance sheet
- RMA-B: Profit and loss account
- RMA-C: Client money and assets
- RMA-D1: Regulatory capital
- RMA-D2: Financial resources
- RMA-E: Professional indemnity insurance
- RMA-F: threshold contditions
- RMA-G: Training and competence
- RMA-H: COBS data
- RMA-I: Supplement Product Sales Data
- RMA-J: Data required for collection of fees
- RMA-K: Adviser charges
When to report
Firms must report at least twice a year for most sections of the return, based on your accounting reference date, with 30 working days in which to submit the return.
Background
The RMAR was originally introduced in April 2005 (by the Financial Services Authority).
RMA-F (threshold conditions) has been decommissioned.
Read why we collect data on retail mediation activities and what we use it for.