Summary of changes

Import – Additional import to work the same as the main import

The additional data import has been updated so that select records can be imported, rather than doing all records at once.

Like the ‘Import individuals’ tab, the ‘Import additional data’ tab now has a checkbox against each record.    

Once the required records are selected, the ‘Import individuals’ button will change to ‘Import selected individuals’. A confirmation overlay will list the number of individuals selected.

Once confirmed, the selected records will be imported.

Reform Phase 1- reduce assignment of overlapping SHF's

An FCA consultation paper is proposing removing overlapping certification requirements in three specific situations where individuals hold multiple functions at the same firm:

·        FCA Material Risk Taker certification removed where the individual is already PRA-certified (as MRT, Significant Risk Taker, or Key Function Holder).

·        Significant Management Function certification removed where the individual is already an FCA Material Risk Taker.

·        Manager of certified employee's certification removed where the individual is already certified for another function.

Therefore, should the customer wish, a script will be run to make the following updates on an individuals’ certificate.

        I.          If an individual is in a dual‑regulated firm and is also certified by the PRA in one of its certification functions, SHF 9 - Significant risk taker or Material risk taker (PRA), SFH 10 - Key function holder (PRA) or SHF11 - Managing a material risk taker (PRA) at the same firm, then SHF 6 - FCA Material Risk Taker can be removed.

      II.          If an individual has SHF 3 - Significant management function and certified as an SHF 6 - FCA Material Risk Taker, then SHF 3 - Significant management function will be removed

     III.          If an individual has SFH 5 - Managers of certification employees and another SHF then SHF 5 will be removed.

Where a certificate is already in a draft state, the certificate will be updated.

Where a certificate is issued, a new draft certificate will be created.

Individuals who have either no certificate, an expired or revoked certificate will be ignored.

Addition/removal of people not clear

The ‘Individuals’ page, within the multiple assessment wizard has been updated so that the options previously only displayed within the hamburger menu are displayed directly on the page.

An individual is only required to be selected if they are either to be removed or if the template being used has cycles and the cycle needs to be changed.

All other functionality on this page remains unchanged.

Reform phase 1 - Reg referencing - Turn feature on by default

The regulatory referencing feature will be turned on for all clients by default and will be displayed for System Admin users in the feature toggles section.  The option can be turned off if required.

Reform phase 1 - Reg referencing 2

Individuals who are either Senior Managers, Certified or Standard Non-executive Directors will now see on their Individual Summary a new ‘Regulatory referencing’ option.

Selecting the option will generate a PDF that will be automatically downloaded. 

The file will display, where appropriate, the following information for a period of up to 6 years:

Individual reference number

Forename and surname

Date created in Comply Accountability

Fit & proper assessment with valid from and to dates with assessment outcome

Firm name

Firm reference number

Firm type

Firm contact (name, position, email)

Regimes held with start and end dates

Positions held with start and end dates

Senior manager functions with start and end dates

Significant harm functions held with start and end dates

Key functions with start and end dates

If you have any questions or need some further information on the recent changes please get in touch: [email protected]