DPB Update Issue 13 – January 2020
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
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.
DPB Update Issue 12 - August 2018
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.
DPB Update Issue 11 - June 2018
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 Issue 10 - November 2017
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.
DPB Update Issue 9 - April 2013
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 Issue 8 - November 2012
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.
DPB Update Issue 7 - November 2010
Updates including FSA survey of DPB licensed firms, firms' eligibility to be DPB licensed and notifying changes within the firm.
DPB Update Issue 6 - September 2009
Brief update on the regulation of sale and rent-back schemes.
DPB Update Issue 5 - March 2009
Brief notification about new PII requirements for the Insurance Mediation Directive.
DPB Update Issue 4 - April 2007
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.