FIN.

Reminder: new DBS check requirement for controllers

We reported in December on the upcoming changes to FCA’s processes to require would be controllers of authorised or registered firms to have DBS checks, conducted within the 6 months before the application, available should the FCA wish to inspect them. The form changes take effect on 17 January and apply at the gateway and to applications for subsequent changes of control. Firms making applications will need to attest that the checks have been done, and the FCA can request to see them if it considers it necessary.

Emma Radmore