Getting in some RMAR
Q. Fitting in my duties to the regulator as well as my clients and running the business is a tall order. What and when do I have to report on my business to the Financial Services Authority?
Retail mediation activities return reporting depends on when your financial year ends and the size of your firm. Unless your annual brokerage is less than £60,000, you will have to report half-yearly. This begins in July, when firms with financial years ending 31 December or 30 June will be the first to report. Bear in mind the first reporting period will be from 1 April, rather than from the start of the period if earlier.
There are financial penalties for late submission, so check the date
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