The FCA has launched a consultation on improving the appointed representatives regime and tackling harm from this model. A few weeks ago AFEP launched our Good Practice Guidance on IBs, White Labels, Program Managers etc so this is obviously forefront of the FCA's mind and firms are encouraged to be ahead of the curve.
The consultation paper can be found here:
https://www.fca.org.uk/publication/consultation/cp21-34.pdf