James W Phillips

Tweeting on Financial Promotions, Compliance & regulation
[email protected]

[James W Phillips @J_W_Phillips]

There have been 8 new financial instruments amending the FCA and PRA handbook for June: http://t.co/OlY355o4Ar

[James W Phillips @J_W_Phillips]

When looking for FCA rules - check your 'time travel' dates are set to your requirements in the date field

[James W Phillips @J_W_Phillips]

Thank you to all the industry professionals who follow me!

[James W Phillips @J_W_Phillips]

Looking for Generalist Compliance or Financial Promotions role, ex FSA Handbook

[James W Phillips @J_W_Phillips]

To see where the FCA handbook changes have been made, as in yesterday's COBS 4, click the hyperlink numbers to view the original instrument

[James W Phillips @J_W_Phillips]

FCA Handbook updates for June - effecting Financial Promotions:
COBS 4 (COBS 4.1) COBS 4 (COBS 4.11) COBS 4 (COBS 4.12)

[James W Phillips @J_W_Phillips]

Are your firms policies in-line with current FCA rules and guidance, the Handbook is updated once a month remember! Follow your checklist

[James W Phillips @J_W_Phillips]

When new Rules or Guidance are published in the FCA Handbook, be sure to update your procedures, systems & controls to avoid a hefty fine

[James W Phillips @J_W_Phillips]

If your financial products fall under UCITS, are you following the steps laid out in COBS 4.13 - 4.13.2(R) ?

[James W Phillips @J_W_Phillips]

Your firm must follow AML SYSC 3.2.6R & SYSC 6.1.1R - to help understand these rules, see the guidance at SYSC 6.3.11(G) under FC

[James W Phillips @J_W_Phillips]

Your firm must ensure a regular assessment of its systems and controls to ensure they continue to comply with SYSC 6.3.1 (Rule) .... do you?

[James W Phillips @J_W_Phillips]

Not sure which systems and controls your firm should adopt to avoid money laundering?? Look at SYSC 6.3.7 (Guidance)

[James W Phillips @J_W_Phillips]

Tweeting today on AML and Financial Promotions with handy FCA Handbook tips

[James W Phillips @J_W_Phillips]

Looking to reduce your firms exposure to financial crime? Look at SYSC 6.3.11 for useful Guidance

[James W Phillips @J_W_Phillips]

Are your Due Diligence procedures followed correctly? Use the FCA Handbook search function to narrow down the relevant rules for you + & -

[James W Phillips @J_W_Phillips]

follow my Compliance and regulation Tweets @J_W_Phillips Tweeting on AML and Financial Promotions today!

[James W Phillips @J_W_Phillips]

You must retain all records of any financial promotion you and your firm approves and communicates - my tip for today - COBS 4.11.1 (Rule)

[James W Phillips @J_W_Phillips]

Help needed to break into Compliance post FSA - generalist or Financial Promotions will work for minimum wage to prove my worth

[James W Phillips @J_W_Phillips]

Unsure on FCA rules? Be sure to read the Guidance surrounding those rules (G) - don't rely on "gut feelings!"

[James W Phillips @J_W_Phillips]

Looking for Financial Promotions work - [email protected]