A threesixty guide to submitting directory persons data

Introduction

Following the implementation of The Senior Managers and Certification Regime (SM&CR) on 9 December 2019, solo-regulated firms are now required to upload information with regards to their investment advisers, mortgage advisers and other certified staff to the FS Register. Firms need to ensure that they submit this data by 9 December 2020*, so that consumers and professionals can check the details of all certified individuals working in financial services. The Directory for staff in solo-regulated firms will go live in early December 2020. Advice firms can submit their data between now and 9 December 2020*. Note * The FCA has extended the deadline to upload your directory persons data to 31 March 2021. However, despite this, we encourage all clients to submit the relevant information as soon as possible. We have previously recommend that firms upload data by the original deadline of 9 December 2020. Firms that have done this will see their uploaded data on the Directory through the FCA register from 14 December 2020. Details of any new relevant appointments during the transitional period, for example, between 9 December 2019 and 31 March 2021, will also need to be submitted no later than 31 March 2021.

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