FCA professionalism requirements: retail investment advice | Practical Law
An outline of the FCA's professionalism requirements that apply to retail investment advisers. The note looks at the role of the FCA, accredited bodies, firms and the retail investment advisers they employ in delivering the professionalism standards. It outlines FCA Handbook requirements relating to the issuing of statements of professional standing (SPS), qualification standards, continuing professional development (CPD) and ethical standards, as well as professional standards data reporting requirements.