Thistle Initiatives

A compliance consultancy supporting regulated businesses and those on the journey to becoming regulated.

[Thistle Initiatives @ThistleINIT]

We've got a brand new look!

Today marks the next phase of our journey as we launch our latest #brand. We're excited to share with you our new look and feel. Check out our new website: https://t.co/b8mfqCkTcs

#compliance #paymentservices #credit #investments #insurance

[Thistle Initiatives @ThistleINIT]

@ThistleINIT supports @WrenSterling to acquire Morfitt & Turnbull. Congratulations to our client Wren Sterling for recently acquiring Morfitt & Turnbull Financial.

Read our update & find out more about our #acquisitionduediligence services: https://t.co/QjX7D7ITXH

[Thistle Initiatives @ThistleINIT]

In Jan 2023, the FCA set out in a letter issued to wholesale brokers its revised strategy for supervising them.

Read our full blog here to find out what the key points of this letter for wholesale brokers entail: https://t.co/thgHhT0X0Y

T: at 0207 436 0630

[Thistle Initiatives @ThistleINIT]

UPCOMING WEBINAR!

@ThistleINIT are hosting an exclusive #webinar on the 2nd of Feb about #OperationalResilience.

Details for this event:
Date: Thursday 2nd February
Time: 11:00am – 12pm
Location: Zoom (Online)

Register for your place here → https://t.co/6ySz0wEMEM

[Thistle Initiatives @ThistleINIT]

It was reported this month that the number of fines issued by FCA had more than doubled in 2022 compared to the previous year.

Read our latest blog to learn more about the fines & what they related to: https://t.co/9nOA2d585X

T: 0207 436 0630
E: [email protected]

[Thistle Initiatives @ThistleINIT]

Creditspring, a lender specialising in small no-interest loans, published its #FinancialStability Tracker for 2022.

Read our blog to find out what the key points are in the tracker for #BNPL firms: https://t.co/ObbVowirSj

T: 0207 436 0630
E: [email protected]

[Thistle Initiatives @ThistleINIT]

In Dec '22, the FCA & the PRA fined TSB Bank £48,650,000 for operational risk management & governance failures.

Read our blog to find out what the new FCA rules are on operational resilience, for in-scope firms: https://t.co/pLix1wa0kn

T: 0207 436 0630

[Thistle Initiatives @ThistleINIT]

The #FCA recently conducted a round table session for the implementation of new rules on the promotion of high-risk investments

Read our blog to see what the new risk warning rules for firms entail: https://t.co/iBHMg3L6i6

Tel: [phone]
E: [email protected]

[Thistle Initiatives @ThistleINIT]

In Jan '23, the #FCA wrote to #claimsmanagement companies (CMCs) to set out its updated views of risks posed to their customers.

Read our blog to find out the FCA's key points in the letter for CMCs: https://t.co/dIdGFGXKSu

Tel: [phone]
E: [email protected]

[Thistle Initiatives @ThistleINIT]

Is a mental shift required for the Consumer Duty?

Nick Hunt our Senior Manager, talks about the switch from better services to clients to focus on perfect compliance.

Read his blog about the FCA updating their Policy Statement: https://t.co/p0ol4lDAPO

Tel: [phone]

[Thistle Initiatives @ThistleINIT]

We would like to welcome Jonathan Greenstein who has joined us at Thistle Initiatives as a Director of Marketing & #BusinessDevelopment.

Jonathan will be bringing almost 10 years of experience to our wonderful marketing team & will work closely with all Practice Area Leads.

[Thistle Initiatives @ThistleINIT]

We'd like to congratulate both of our clients on the acquisition of Telford Mann by Titan Wealth Holdings. Read our announcement: https://t.co/prbpZWVts4 and to find out more about our #Acquisition Due Diligence services call 020 7436 0630 or email [email protected]

[Thistle Initiatives @ThistleINIT]

On 1st Dec 22, the FCA issued a Dear CEO letter to CFD providers outlining its expectations & highlighting areas of poor practice seen in firms.

Read our latest blog for the key points of the letter: https://t.co/lStQdKGEr0

T: 0207 436 0630
E: [email protected]

[Thistle Initiatives @ThistleINIT]

In Dec 21, the #FCA issued a consultation paper, CP 21/34 on improving the appointed representatives (AR) regime & tackling consumer harm from this model. The implementation date for the final rules is 8th Dec 22.

Read: https://t.co/2G9jGRo9dr
E: [email protected]

[Thistle Initiatives @ThistleINIT]

Well done to the Thistle team for raising £320 for the #Movember foundation this year.

Have a look at their incredible mustaches that were grown during the month!

#movember2022 #charity #mustache #compliance #foundation

[Thistle Initiatives @ThistleINIT]

Thistle Initiatives Ltd today announces that it has acquired ATEB IT Solutions Ltd & ATEB Business Solutions Ltd.

We are excited to welcome Huw Reynolds, Steve Bailey, David Anderson & the @ATEBSuitability @ATEBCompliance team to the Thistle Group.

https://t.co/85aqK7pVGi

[Thistle Initiatives @ThistleINIT]

In August 2022, the #FCA finalised, in its Policy Statement, stronger rules to help tackle misleading #financialpromotions

The rules related to these risk warnings will have effect from 1 December 2022

Read our #blog for more details: https://t.co/UHn7KfIxAQ

Tel: [phone]

[Thistle Initiatives @ThistleINIT]

In its Oct 2022, regulation roundup, the #FCA reminded firms that new rules for #AppointedRepresentatives begin on 8 December 2022.

Read our #blog for the key points of the reporting requirements: https://t.co/cCbBKi6Qet

For more info contact us on:
T:0207 436 0630

[Thistle Initiatives @ThistleINIT]

We’re delighted to announce Heather O’Gorman, Head of #FinancialCrime has been shortlisted in the 2023 Women in Governance, Risk & Compliance #Awards

The winners will be announced on 9 February 2023

For more info on our services, speak to a member of our team:
T: 0207 436 0630

[Thistle Initiatives @ThistleINIT]

WEBINAR!

One week to go until our exclusive #webinar on the 23rd of November about the #ConsumerDuty.

Details for this event:
Date: Wednesday 23 Nov
Time: 11:00am – 12pm
Location: Webex (Online)

Register for your place here → https://t.co/eMMQ6MSa6Y

#fca

[Thistle Initiatives @ThistleINIT]

We are currently at this year's 16th Annual European AML & Financial Crime conference!

AMLP Forum are hosting the event at the Merchant Taylor’s Hall in London. Come and say hello to our Financial crime team; @HeatherOGorman, Melissa A. Cummings and Lisa B. who are at our stand.