The FCA is clear: only complete, well-evidenced applications will pass its strengthened gateway. Its latest review highlights good and poor practice across firm authorisations, SMF approvals, and controller applications, giving firms a clear benchmark. Poor submissions risk rejection, scrutiny, and leadership accountability.
This article breaks down the FCA’s findings, common pitfalls, and practical steps to prepare regulator-ready submissions.
The FCA has made oversight of Appointed Representatives a strategic priority — and firms are under the microscope. We unpack the regulator’s latest multi-firm review, the risks for principal firms, and the steps you should take now to stay ahead of scrutiny.
Early warning signs of cultural risk rarely appear where firms expect them. This piece explores how organisations can move beyond reactive whistleblowing systems and build proactive, multi-channel approaches that capture subtle signals before they escalate.
The FCA, PRA, and HM Treasury are rewriting the rules of engagement for financial firms. This blog unpacks the headline reforms and how firms can prepare for what’s coming.
The FCA’s new consultation paper addresses bullying, harassment, and discrimination within regulated firms, making non-financial misconduct a key regulatory concern. This blog explores how firms must update policies and culture to meet these evolving requirements.
You may have all the right policies in place, but if they’re not embedded into your company culture, they could offer little protection when misconduct occurs. This blog dives into why documentation alone isn’t enough, and how bridging the gap between policy and practice can safeguard your firm from costly consequences.
The FCA’s revised Enforcement Guide is now in effect. It marks a shift in how—and when—investigations may be made public.
The Invisible Architecture of Risk Management Culture isn’t just a nice-to-have; it’s the invisible architecture that determines whether your organisation stands or falls. […]
The FCA’s latest consultation is less about loosening standards—and more about modernising how rules work in practice.
Padda Consulting is a London based compliance consultancy, focused on helping the insurance industry maintain and achieve regulatory compliance. We work with firms of all sizes, worldwide, our clients include but are not limited to brokers, insurers, Lloyd’s of London syndicates, MGA’s and Coverholders.
At Padda Consulting everything is informed by our three core principles: commitment, collaboration and consultancy.
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