FOR CREDIT BROKERS

Broking Compliance the FCA Can Inspect.

Motor-finance, retail-finance and other credit brokers run CONC monitoring, financial-promotion approvals, disclosure evidence and SM&CR people records from one platform — with the audit trail the FCA expects.

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15 Credit-Broking Checks

E6 dedicated CMP chapter

CONC Fin-Prom Register

Maker-checker approval built in

Consumer Duty Built In

A8 chapter + 13-section board report

CONC 3 Fin-Prom Approvals
CONC 4 Pre-Contract Disclosure
Commission & Status Disclosure
Consumer Duty Evidence
SM&CR People Records
Credit-Filtered Reg Intelligence

Broking Runs on Disclosure — and Disclosure Needs Evidence

Promotions, pre-contract disclosure, commission, status, the Duty — the FCA doesn’t ask whether your customers were told. It asks you to prove it, and the burden of proof sits with the broker.

Commission Under the Spotlight

The motor-finance commission story has put brokers’ disclosure practice at the top of the FCA’s agenda. CONC 4.5 expects commission disclosed where it matters — and the file to show it was.

Promotions You Approve but Don’t Control

Aggregator listings, dealer point-of-sale material, promotions passed down an introducer chain — your name sits on the CONC 3 approval either way. When the FCA asks who signed off the representative APR — and when — an email chain is not a register.

Registers in Spreadsheets

Promotions, complaints, breaches and gifts scattered across files nobody reconciles. For a broker whose whole business is distribution, one stale version emailed around is how the audit trail quietly breaks.

Status Disclosure That Drifts

Broker, not lender — independent or tied — the extent of your market coverage. CONC 3 and 4 expect it stated clearly and consistently, and across websites, aggregators and showrooms the wording quietly drifts.

The Board Report Built from Scratch

As a distributor, the annual Consumer Duty board report is a standing obligation, not a one-off. Assembling it each year from scattered MI and inboxes is a quarter’s work — and it shows.

The CONC Update You Missed

Policy statements, consultations and Handbook changes land weekly across 13 UK regulators — and the motor-finance redress story is rewriting broking obligations in real time. Missing the one that rewrites yours is how firms fall behind.

Distribution Obligations, Covered — Check by Check.

Named chapters, registers, forms and filters for firms whose obligations live in CONC 3 and 4, the CCA and the Consumer Duty — the broker’s side of the credit chain.

The E6 Chapter Covering Broking

E6 Consumer Credit — Lending & Broking puts 15 sector-specific checks into your monitoring plan — financial promotions, pre-contract information, status and commission disclosure, conduct and the CCA obligations that sit behind them. All inside the 1,139-template library.

CONC 2–8CONC 10CCA 1974

CONC Financial Promotion Register

The broker’s core control, built as a register variant for the CONC regime: every promotion — website, aggregator listing, showroom material — logged, put through maker-checker approval before it runs, and closed with a timestamped audit trail. “Who approved this, and when?” is one filter away.

CONC 3s21 FSMA

CONC Specialist Attestation Form

A dedicated CONC attestation form tests your broking arrangements directly against the Handbook — a guided question set covering promotions, disclosure and conduct, with evidence attached and sign-off recorded.

CONCFCA Handbook

SM&CR People Compliance

SM&CR applies to broking firms like every other authorised firm. People Compliance holds your Senior Manager records, fit & proper assessments and training & CPD logs — each person’s regulatory file complete and producible.

SM&CRFit & ProperTraining & CPD

Credit-Filtered Intelligence

Regulatory Intelligence carries a dedicated Consumer Credit sector filter, keyword-mapped to CONC, motor finance and BNPL — so the commission-redress story surfaces as it develops, and Otto scores each item’s relevance to your firm across the 13-regulator feed.

CONCMotor FinanceBNPL

Consumer Duty, Evidenced

Brokers carry the Duty as distributors: the A8 Consumer Duty chapter puts it into your monitoring plan, and the Consumer Duty module turns the four outcomes into scored assessments and a 13-section annual board report — distribution is exactly where the FCA is looking.

PRIN 2AFG22/5A8

Your CONC Monitoring Plan, Ready on Day One

The E6 Consumer Credit — Lending & Broking chapter lands in your programme complete — checks, owners, cadences and regulatory references — with the fin-prom register and attestations broking firms run alongside.

15 credit-broking checks

The E6 Consumer Credit — Lending & Broking chapter — anchored to CONC 2–8 and 10 and the CCA 1974 — covering promotions, disclosure and conduct on the broking side.

1,139 expert templates

74 regulation-anchored categories, including deep-dives on financial promotions (A12) and the Consumer Duty (A8).

CONC fin-prom approvals

The financial-promotions register in its CONC variant — maker-checker approval before anything runs, every decision timestamped.

Handbook attestations

The CONC attestation form with guidance in-form and sign-off recorded — declarations you can produce, not reconstruct.

Compliance Monitoring Hub dashboard — KPI tiles, health score, RAG summary and distribution, status breakdown and monthly trends

The head-of-compliance landing surface. Live KPI tiles for open, closed and overdue tasks, completion and approval rates, an overall Health Score, RAG summary and monthly trends — every tile a one-click drill-down to the records underneath.

Compliance Monitoring Task Library — 1,139 expert-built monitoring check templates across 74 categories, including the E6 consumer-credit lending and broking chapter

1,139 expert-built monitoring checks across 74 regulation-anchored categories — including the E6 Consumer Credit — Lending & Broking chapter and deep-dive chapters on financial promotions and the Consumer Duty. Each template ships with a regulatory reference chain and plain-English guidance that pre-populates in-form.

Attestation form being completed in the Compliance Monitoring Hub, with the FCA Principles checklist and maker-checker approval

Every formal declaration, completed and signed off in-platform. The CONC attestation form with the FCA Principles individually ticked and a maker-checker approval workflow — the form can’t be submitted until every obligation is signed off.

Register submissions tracker — financial promotions, complaints, breaches and conflicts with owners, due dates and approval status

Every event your firm has to record, in one tracker. Financial promotions in their CONC variant — the broker’s busiest register — plus complaints, breaches, gifts & entertainment and conflicts, with status chips, named owners, due dates and the same maker-checker approval workflow throughout.

Explore the Compliance Monitoring Hub →

The Four Outcomes, Assessed and Board-Ready

Brokers carry the Duty as distributors — consumer understanding, fair value across the distribution chain and evidence of good outcomes. The Consumer Duty module turns PRIN 2A into scored assessments, live registers and a 13-section annual board report.

Scored outcome assessments

The four outcomes, cross-cutting rules and wider areas — each scored against FCA expectations with a named owner and evidence, plus 54 questions per product.

13-section board report

Otto drafts all 13 sections of the annual board report from your attested data, flagging Urgent Board Actions as she goes. Humans own the sign-off.

Live Duty registers

Complaints, trigger events, adverse outcomes, root-cause analysis and vulnerability — each linked to named owners and attached evidence.

A8 in your monitoring plan

The A8 Consumer Duty chapter drops Duty checks straight into the Compliance Monitoring Hub — the Duty monitored on a cadence, not remembered in Q1.

Consumer Duty Hub dashboard — Consumer Duty Health, four-outcome performance radar, cross-cutting rules, in-scope products register and trend

A 30-second status check for the whole firm: a Consumer Duty Health donut, the four-outcome performance radar against your own thresholds, the cross-cutting rules, the in-scope products & services register and quarter-on-quarter trend — every PRIN 2A obligation, one screen.

Consumer Duty assessment — the four outcomes, cross-cutting rules and wider areas, each scored against FCA expectations

The full Consumer Duty assessment, chapter by chapter: the four outcomes, the cross-cutting rules and the wider areas — governance, monitoring, complaints, foreseeable harm and vulnerable customers — each scored against FCA expectations with a named owner and evidence. For a broker, this is where distribution practice meets the Duty.

Consumer Duty operational MI — Complaints, Trigger Events, Adverse Outcomes, Root Cause Analysis, Vulnerability and Gap registers

Every Consumer Duty register in one place: Complaints, Monthly MI, Trigger Events, Adverse Outcomes, Root Cause Analysis, Vulnerability, KPI Thresholds and the Gap Register — each linked to named owners and attached evidence, year-on-year traceable.

Explore Consumer Duty →

SM&CR for Broking Firms — One File per Person

SM&CR applies to credit brokers like every other authorised firm. People Compliance keeps Senior Manager records, fit & proper assessments and training & CPD in one place — complete and producible when the FCA asks.

Senior Manager records

Every SMF holder recorded with their role and responsibilities — who is accountable for what, documented rather than assumed.

Fit & proper assessments

Fitness and propriety assessed and recorded per person, with sign-off — not a certificate reconstructed the week before a visit.

Training & CPD logs

Training and CPD logged per person with dates and evidence attached — competence you can demonstrate across the whole broking team.

Producible on demand

Each person’s regulatory file — role, assessments, training — in one place, ready to hand over rather than assemble.

People Compliance dashboard — the firm's people at a glance, with roles, assessment status and training records

The firm’s people at a glance: roles, assessment status and training records on one screen — so the state of your SM&CR arrangements is a look, not an exercise.

Fit and proper assessment record — fitness and propriety assessed per person with sign-off recorded

Fitness and propriety assessed person by person, with the assessment and sign-off recorded — the F&P evidence the SM&CR regime expects a broking firm to hold.

Training and CPD log — training recorded per person with dates and evidence attached

Training and CPD logged per person, dated and evidence-attached — team competence you can demonstrate to the regulator, not just assert.

Explore People Compliance →

Otto Reads Your Live Compliance Data — Then Drafts the Report

Otto is the platform’s built-in compliance advisor, grounded in 150+ expert-authored documents. She reads your live monitoring, register and Consumer Duty records — not a generic handbook summary — and drafts the reports the regulator expects to see.

Annual Monitoring Report

Your year’s monitoring drafted from live data, citing CONC among its 13 regulatory anchors — broking coverage, findings and remediation, section by section.

Consumer Duty Board Report

All 13 sections of the annual board report drafted from your attested Duty data — the distributor’s standing obligation — with Urgent Board Actions flagged as she goes.

Ask Otto Anything

What CONC 3 expects of a broker’s promotion, how commission disclosure works under CONC 4.5, where your own registers stand — answered against your live firm data.

Your Firm’s Policies

Ask Otto to draft or refresh your firm’s policies in Policy Studio — drafted to your firm, then you review, refine and operationalise.

AI drafts, humans decide — nothing is auto-submitted, and every fact traces to your live firm data.

Consultants and Spreadsheets vs RegTechPRO

Three ways to run credit-broking compliance. Only one produces evidence the FCA can inspect — on the day they ask for it.

The Old Way
Consultant + Spreadsheets
c. £10,000/month retainer
  • Fin-proms approved on email — if the approval is recorded at all
  • Commission and status disclosure practice nobody can evidence
  • Fit & proper and training records scattered across HR folders
  • The monitoring plan rebuilt from a blank page every year
  • Nothing board-ready to show the FCA on the day
The RegTechPRO Way
RegTechPRO
Three simple plans, no long-term contract
  • 15 credit-broking checks ready on day one — 1,139 in the library
  • CONC fin-prom register with maker-checker approval built in
  • Consumer Duty assessments and a 13-section annual board report
  • Regulatory intelligence filtered to the Consumer Credit sector
  • Otto drafts the annual report from your live data
The Stack Way
5+ Separate RegTech Platforms
£20,000–£50,000/year across the stack
  • Monitoring, fin-proms, Consumer Duty and AML — all separate platforms
  • 5+ vendor renewals, 5+ contracts, 5+ data silos
  • The same customer data re-keyed into every system
  • No single evidence trail across the stack
  • Reconciliation overhead every board cycle
FAQs

Credit brokers. Questions Answered.

What a broking firm’s owner-director or compliance lead wants to know about platform-grade CONC compliance on the distribution side.

Which CONC chapters do the monitoring checks cover?
The E6 Consumer Credit — Lending & Broking chapter carries the sector load: 15 checks anchored to CONC 2–8 and 10 and the CCA 1974, covering the broking side — promotions, pre-contract information, status and commission disclosure and conduct. Deep-dive chapters add around 15 checks each on financial promotions (A12) and the Consumer Duty (A8). All part of the 1,139-template library spanning 74 categories and 8 regulators.
How does financial-promotion approval work?
The financial-promotions register runs in its CONC variant. Each promotion — website page, aggregator listing, showroom material — is logged and routed through a maker-checker approval — one person prepares, a second approves — before it runs, and every decision is timestamped. When the FCA asks who approved a promotion under CONC 3, and when, the answer is one filter away.
How do we evidence commission and status disclosure?
Through the monitoring plan: the E6 chapter puts pre-contract disclosure, status disclosure and commission disclosure under CONC 3 and 4 on a monitoring cadence with a named owner, and each completed check carries its evidence and sign-off. Paired with the CONC attestation form, the file shows your disclosure arrangements were tested — not just written down. With the motor-finance redress story live, that evidence trail is the point.
How does the platform evidence the Consumer Duty for a broker?
On two fronts: the A8 Consumer Duty chapter puts Duty checks into your monitoring plan, and the Consumer Duty module scores the four outcomes, the cross-cutting rules and the wider areas against FCA expectations — 54 questions per product — then Otto drafts all 13 sections of the annual board report from that attested data. Brokers carry the Duty as distributors, and distribution is exactly where the FCA is looking; the evidence is structured before anyone asks for it.
Will we see motor-finance and commission developments coming?
Regulatory Intelligence monitors 13 UK regulators and carries a dedicated Consumer Credit sector filter, keyword-mapped to CONC, motor finance and BNPL. Otto reads each item against your firm’s profile and scores its relevance — so the announcement that rewrites broking obligations surfaces at the top, not on page four.
What does Otto actually draft for a credit broker?
The Annual Compliance Monitoring Report, citing CONC among its 13 regulatory anchors; all 13 sections of the Consumer Duty board report; and your firm’s policies in Policy Studio — drafted to your firm, then reviewed and operationalised by you. Every draft is grounded in your live records. AI drafts, humans decide — nothing is auto-submitted.

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