Webinar for EEA Firms who need to meet PRA & FCA Compliance Requirements

On January 31, 2020 at 11pm the UK left the European Union (EU) entering into an implementation period, due to last until December 31, 2020. During this transition period, EU law will continue to apply. Firms and funds will continue to benefit from passporting rights between the UK and EEA. Consumer rights and protections derived from EU law will also remain in place.

For firms this has meant they have either:
1. Made (and not withdrawn) a valid notification to the PRA that it wishes to enter the TPR,
2. Submitted (and not withdrawn) an application for permission under Part 4A of FSMA (or for variation of an existing ‘top-up’ permission)

Under either scenario, these firms will now be in the process of ensuring that they meet the PRA and FCA regulatory requirements to complete the necessary authorisation process.

It has been widely noted that the areas of the PRA and FCA regulation that present the biggest challenges for inbound EEA firms are CASS and COBS (ICOBS for insurers).

Critical to achieve authorisation will be firms ensuring the transition of their compliance management to effectively manage the firms obligations under the CASS and COBS (ICOBS).

Governor Software Compliance Solution enables firms to easily and quickly understand its status against specific regulatory obligations.

Join this webinar to see how easily you can achieve full compliance with CASS and COBS (ICOBS) regulations with Governor Software.