Are you ready for the FCA's new data collection platform?
What has happened?
The FCA’s new data collection platform will replace the current platform Gabriel and is intended to improve how the FCA collects data from firms.
What do you need to do?
From 2nd April, when next logging into Gabriel, users will be taken through a series of mandatory steps to register for the new platform and will be asked to confirm their existing Connect login details or to create a Connect account if they don’t already have one.
After completing this one-time registration process, firms will continue to use Gabriel with their existing Gabriel login details until the FCA moves them onto the new data collection platform. The FCA plans to notify firms in good time in advance of their moving date.
Once a firm has been moved to the new platform, it will log in using the same details as for Connect.
This registration activity will not change the way firms and other Gabriel users access or use Connect. Users may have already created a Connect account as part of the firm’s details attestation activity.
How can we help you?
If you’d like further information, to arrange a review of your FCA data reporting arrangements, or to discuss any other aspect of compliance, our expert team is here to help. Contact us today on 0207 436 0630 or email info@thistleinitiatives.co.uk.