Authorisations & Healthchecks

FCA Authorisation Process

If you have decided to become authorised and would like us to help you, please contact us and we will discuss the process and cost with you.

We have a guide which we can send you on the process but it is worth speaking to us first so we can outline what the process is and give you an idea of what’s involved according to your business model and plans.

Applying for authorisation by the FCA is not just a question of filling out a few application forms.

The applications can be complex and time consuming. There are many different forms to complete and not all are relevant for every application.

We will help you identify the forms you need to complete and assist you to fill them in correctly, answer your questions and guide you through the process.

In addition to completing the application form, the FCA also expects you to have documented compliance systems and procedures in place when you submit the forms.

This includes procedures for ensuring you treat your customers fairly, training your staff, handling complaints, financial procedures (including handling client money), managing the risks of financial crime and having robust business continuity/disaster recovery procedures

How long it takes to become FCA authorised depends a great deal on how quickly you can gather the required information, and if sent in to the FCA incomplete or lack of clarity, then it could delay the application going through by many months.

Call our team today if you would like to discuss and to find out how we can help you.

Tel 0161 870 6637 or E mail for a copy of our guide on applying for FCA authorisation

Regulatory Health checks

We can check out your compliance status (as the saying goes “prevention is better than cure”) and give you a straight to the point report and feedback on where you stand against the FCA regulations.

As business models and the rules and regulations change, it is beneficial to have a health check so you can check you are staying on track and are not falling foul of the regulations and the requirements.

We always recommend that if you are not sure how much help you need “or how fit you are” that you start with a Health check.

We will help you identify any potential risks or areas where you may need help.   Depending on the business size and complexity it may take a few days, but typically it is one day.