Wednesday September 23 2020
News Source: Fund Regulation
Focus: General - Fund Regulation
Type: General
Country: UK
On 23rd September 2020, the Financial Conduct Authority (FCA) announced the date for the move away from Gabriel. The first firms will be moved from Gabriel to RegData over the weekend of 17 and 18 October. Those firms will then complete their regulatory reporting on RegData. Firms will continue to be moved to RegData from Gabriel in the coming months as the FCA move users across in stages, based on their reporting requirements.
All 52,000 firms will receive direct emails from Gabriel advising them of their moving date. These 3 emails will be sent to firms 3 weeks, 5 days and 1 day before they move to RegData. Compliance consultants will receive reminders for every firm their user account is currently associated with in Gabriel.
Firms will not be able to access RegData until they and their users’ data have been moved across from Gabriel. Until then, they should continue to report via Gabriel, using their existing Gabriel login details.
Users can now access a series of explainer videos and step-by-step user guides to take them through each aspect of the RegData platform. As with Gabriel, RegData will be accessible from the FCA website.
Click on the link for further information.