PIMFA
Regulatory Policy& Compliance
Our Service offering
- Stakeholder Relationship Management
Collaboration is key to the achievement of constructive regulatory outcomes. Our stakeholders are regulators, government agencies, other trade bodies, industry infrastructures and any other entity involved in the regulatory process.
We have a history of building and maintaining good stakeholder relationships and we continue doing so by building trust, maintaining dialogue and offering our views and expertise to achieve the best outcomes for our members as the collective voice of the industry.
- Member Relationship Management
Our members are the reason we exist as a trade association and are at the heart of everything we do. With this in mind we are one of the few associations to offer a direct point of contact, a team of regulatory subject matter experts and access to our resources on the day-to-day issues our members face.
- Regulatory change, compliance and operations
We support our members through complex regulatory change, compliance and operations projects by offering:
- Personalised support
- Regulatory analysis, rules interpretation and referrals to the regulator
- Regular engagement in the form of working groups
- Good practice sharing
Publications, technical papers and guides, updates
- Thought Leadership
We help our members plan for the future by:
- Supporting the membership in the formation of industry views, drafting consultation responses and performing follow-up engagement, influencing the direction of travel
- Engaging the membership in the exploration of new technologies, processes and infrastructures with potential to impact the business
- Engaging industry experts on relevant topics and trends which impact our membership
- Facilitating the sharing of good practice through peer-to-peer collaboration, which enables firms to understand where they are vis-à-vis their counterparts
In the last year PIMFA has read and analysed over more than 2,300 pages of Regulation and Policy on behalf of our members.
PIMFA are currently leading on the following area of priority:
- Brexit
- Capital Deductions for Redress
- Consumer Duty
- Data Protection
- Edinburgh Reforms
- Financial Crime
- Future of Advice
- Future of Supervision
- Markets in Financial Instruments Directive/Regulation (MiFID/MIFIR)
- Packaged Retail Insurance & Investment Products (PRIIPS)
- Senior Managers Certification Regime (SMCR)
- Sustainable Finance and ESG
- Talent, Inclusion, Diversity and Equity
- Vulnerable Customers
