New resources are now available to help your firm prepare for its next quality assurance monitoring visit and remain compliant with the Designated Professional (DPB) Investment Business Handbook.
DPB Update is a regulatory update produced by ICAEW's professional standards team. Here you’ll find the latest DPB technical guidance and best practice information. We email all DPB contact principals when a new issue is published. The latest issue and previous issues are also available below.
The revised DPB (Investment Business) Handbook that applies from 1 October 2018 has been approved by the FCA and is now available on the ICAEW website. This update seeks to identify the main implications of changes to the handbook for all DPB licensed firms.
An update on ICAEW’s approach to implementing the Insurance Distribution Directive and five key changes DPB licensed firms need to start planning for now.
DPB update is for firms that hold a DPB licence with ICAEW. We use the update to bring matters to the attention of DPB licensed firms, in particular to the DPB contact principal.
On 1 April 2013 the FSA was replaced by two new regulatory bodies, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). The FCA will have the lead regulatory interest in the designated professional body (DPB) regime. This page explains how this change affected DPB licensed firms.
DPB update is for firms that hold a DPB licence with ICAEW. We use the update to bring matters to the attention of firms, in particular to the DPB contact principal.
Updates including FSA survey of DPB licensed firms, firms' eligibility to be DPB licensed and notifying changes within the firm.
Brief update on the regulation of sale and rent-back schemes.
Brief notification about new PII requirements for the Insurance Mediation Directive.
Articles include a summary of changes to the DPB Handbook, changes to the certification process for high net worth individuals and sophisticated investors.
If you have any questions relating to any of these articles, please contact our technical advisory services team, +44 (0)1908 248 250.