Originally posted on 23 Dec 2013

The Financial Conduct Authority (FCA) is to publish social media guidance for financial services firms early next year. The regulator has been in talks with firms over their increased use of social media and how it fits with regulation, according to New Model Adviser.

An FCA spokesman said the guidance had not stemmed from any particular concern but was in response to increased questions from firms. He said: ‘We are developing social media guidance in response to the financial services industry but also because we are fully aware about the increased use of social media.’

The guidance is due to be published in the first quarter of 2014.

Pete Matthew of Jacksons Wealth Management, Dennis Hall of Yellowtail Financial Planning and Chris Daems of Principal Financial Solutions, shared their top tips on getting the most out of social media, here]

Bizezia’s Work Manual system includes a work policy on social media. Email me for a free copy: mpollins@bizezia.com

Martin Pollins

Martin Pollins

Managing Director at Bizezia
Martin Pollins is a Chartered Accountant with wide experience in corporate finance and business management. He holds a number of directorships and has served on the boards of several companies, including those listed on the London Stock Exchange, AIM and OFEX.

He was a Council member of the Institute of Chartered Accountants in England and Wales from 1988 to 1996.

Martin Pollins ran his own firm based in Sussex and was the first Accountancy firm in the UK to advertise on television and Martin went on to create and launch the CharterGroup Partnership (the UK's first Accountancy network) and then LawGroup UK (one of the largest networks of lawyers in the country).

Martin started work on the Bizezia concept in 1996, developing the broad range of information resources and products over the past 18 years.
Martin Pollins