The BVRLA has produced a Financial Promotions Factsheet to support members looking to develop policies, registers and approval processes in line with requirements as defined in the FCA handbook, CONC 3.
The FCA rules on Financial Promotions are applicable to all forms of marketing and require information to be communicated to customers in a way which is ‘clear, fair and not misleading’.
Missing policies, registers and approval processes for Financial Promotions have recently trended in audits and the BVRLA would like to remind all FCA-regulated members of all the support available to ensure compliance.
Members can request a Financial Promotions Register template from the Compliance Team.
Members can download the Financial Promotions Factsheet from the BVRLA website.
