Blog

2 min read

FCA Records 50% rise in serious cyber incidents at UK firms

The Financial Conduct Authority’s response to a recent Freedom of Information request submitted by specialist IT firm Picus Security disclosed that material cyber incidents reported to the FCA in 2021 increased by over 50% on the previous year, with...

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1 min read

Why investment firms need PII that’s fully fit for purpose

Financial services regulator the Financial Conduct Authority (FCA) requires IFAs, wealth managers, and other investment firms to have adequate financial resources in place at all times. One aspect of the regulator's requirements is that many investment...

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2 min read

What is professional indemnity insurance - and why do you need it?

Many firms operating in the financial services sector are required by the FCA to hold appropriate professional indemnity insurance (PI) and few businesses in sectors such as investments, payment services or credit should consider operating without the...

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