RD Marketing Ltd

Limits on what they may do

• Restriction on activities

  1. The Firm must withdraw all active financial promotions (including, but not limited to, its website, social media content, banner advertisements and Google advertisements) within 24 hours of these Requirements coming into force and notify the FCA of such. The Firm must cease publishing all financial promotions until these Requirements have been lifted by the FCA. 2. The Firm should ensure that existing customers can still access their online accounts (if applicable) and have appropriate contact details available online. 3. The Firm must conduct a review of all of its financial promotions and communications to ensure they fully comply with FCA Rules and Guidance. 4. The Firm must conduct a review of its systems and controls, and policies and procedures in relation to its financial promotions and communications, including any approval process. 5. Following the reviews as set out in 3 & 4 above, the Firm must provide the FCA with a report detailing the findings, by 4pm 10 January 2025. The report is to include the following: i. whether the Firm identified any further instances of non-compliance with the financial promotions' rules, and the number and details of the financial promotions withdrawn or amended, in the table provided (Annex 3). The firm should provide an explanation of the reasons for these breaches; ii. steps taken to address any issues identified; iii. details of the Firm’s approval process for financial promotions; iv. details of how the Firm is complying, and will continue to comply, with the Consumer Duty Guidance in relation to its financial promotions and how it is demonstrating that it is delivering good consumer outcomes; v. details of any changes the Firm has made to its systems and controls, policies and procedures as a result of the FCA’s concerns; and vi. details of any proposed action in relation to consumers who may have taken out a product having seen a financial promotion that is not compliant with FCA Rules and Guidance. 6. The Firm must ensure that the FCA register is an accurate reflection of all its trading names (following the steps detailed in Annex 6) within 48 hours of this Requirement coming into force and notify the FCA of any changes. Timing and Duration of the Requirements 7. The Requirements in this application are to take immediate effect on their acceptance by the FCA and notification of such to the Firm by email (the “Effective Date”). 8. The Requirements will remain in force unless and until varied or cancelled by the FCA (either on the application of the Firm or of the FCA’s own volition). Publication The Requirements will be published on the Firm’s entry on the Financial Services Register, published at https://register.fca.org.uk/. Definitions Where relevant for interpreting this application, terms have the same meaning as in the Glossary of the FCA Handbook.