BMR Compliance

Providing bespoke, hands on compliance and training solutions to the General Insurance Industry

  From the 1st October 2014 the FCA will be launching a new system called Connect and this will replaced the current Online Notifications and Applications system (ONA).   Like ONA the connect system will be used to advise the FCA of changes to Approved Persons, Appointed Representatives,...

  The Financial Ombudsman Service (FOS) have moved address on 1/6/14.  Whilst the postcode remains the same, firms will need to update documentation that refers to the address such as TOBA's and complaints procedures. The new address is: Exchange Tower Harbour Exchange Square London E14 9SR   The FOS is producing a revised...

  Final number of firms with interim permission When the FCA took over regulation of consumer credit from the beginning of this month, 49,405 had registered for interim permission. Interim permission allows firms to continue carrying out regulated consumer credit activities until they are authorised by the FCA. Authorisation is...

It has come to our attention, that many brokers have out of date FOS leaflets.  These have changed recently to incorporate FCA changes as well as changes to the FOS complaints process.  Please ensure you have the up to date version, or order new ones...