ICAEW DPB regulations
Firms that make referrals may be required to obtain a DPB licence from the ICAEW. Please refer to the resources below to help ensure your firm complies with regulatory requirements.
Why use RQ?
- Mitigate regulatory risk: Referrals can easily stray into regulated territory, creating obligations and liability. RQ helps ensure these risks are managed properly.
- Improve transparency & client trust: Documented referral relationships and benefit disclosures strengthen credibility and build client confidence.
- Turn referrals into growth: A structured process makes referrals scalable, highlights trends, and supports new partnership opportunities.
- Reduce friction and overhead: Automatic record-keeping and audit-ready registers save time and reduce administrative burden.
- Member benefit: ICAEW members have access to core functionality of RQ free of charge.
How RQ works?
- Referral detection & logging: Captures and records referral activity seamlessly in the background.
- Client consent & benefit disclosure: Records client consent and ensures benefit arrangements are transparent.
- Due diligence & partner tracking: Centralises information on third-parties and referral partners, with due diligence built in.
- Audit / reporting ready: Generates reports and registers that provide full traceability for compliance and reviews.
- Easy deployment, minimal disruption: Works with existing tools and processes, so firms can adopt it quickly.
Key resources
Platform demo & Member stories
