The FCA has released a statement to highlight that 2,800 failed to submit Directory Persons' information by the deadline of 31 March and that it will be emailing those firms.
For investment firms, the FCA was expecting firms who previously had CF30s prior to the arrival of SM&CR and still conduct designated investment business, but many of these firms have not provided the information.
If you receive an email you need to make the Directory Persons submission within a week or justify to the FCA why you do not believe that a submission is needed.
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