Category Archives: Authorisation

Overseas & Foreign Companies and UK FCA Authorisation FAQs

compliance consultants london apcc compliance consulting firms in london fsma compliance guru

Setting up a business to work from London, UK, when you are an overseas entity can be daunting and is not for the feint-hearted, but we can help with this range of FAQs concerning setup, property, recruitment and authorisation with the FCA or PRA. To have us act as your agent while set up is progressed is easy and cost effective. Contact us today 0207 097 1434.

Making Compliance Work: A Short Overview of Board Minutes

Lee Werrell, Chartered FCSI and owner of Compliance Consultant states, “As with all good compliance; it’s not what you do, it’s what you wrote down that you did and why”.

FCA Authorisation and Harry Potter – Guaranteed Results?

It may seem run-of-the-mill, to compare submitting an authorisation to a magic trick, Yet if you are under any false impression that less-than-perfect preparation suffices, listen up people. Sarah Rapson, director of authorisations at the FCA said that, “We have begun to take a harder line on submissions that border on the vexatious.” Needless to […]

FCA Authorisation Brochure – The Basic Process

At last! A site that helps you understand differences between an FCA Authorised Person. FCA Approved Person and the FCA Regulated Activities involved. Also helps identify what you need for FCA Authorisation, including requirements from the FCA Handbook

Connect With FCA Authorisation And Learn What FCA Regulated Activities You Need

In March 2018, the FCA published its consultation paper (CP18/6) on its proposed approach to the execution of the European Banking Authority's (EBAs) final guidelines on security precautions for operational and security risks of payments services under PSD2.

  Many firms ask the question whats does FCA authorised mean? They want to understand what FCA regulated activities would be involved if the obtain their FCA licence, registration or authorisation. Often they get confused about things like the difference between the FCA Connect Service and FCA Gabriel, needing expert help from specialist FCA authorisation […]

FCA Authorisation Spell – Guaranteed Results?

It may well sound worn-out, to compare submitting an authorisation to a magic trick, Nevertheless if you are under any illusion that less-than-perfect preparation suffices, listen up. Sarah Rapson, director of authorisations at the FCA said that, “We have begun to take a harder line on submissions that border on the vexatious.” Undoubtedly, it’s hard […]

Brand new FCA suggestions on operational and security risk management by Payment Services Providers (PSPs)

compliance consultants london apcc compliance consulting firms in london fsma

In March 2018, the FCA released its consultation paper (CP18/6) on its proposed approach to the application of the European Banking Authority’s (EBAs) final guidelines on security measures for operational and security risks of payments services under PSD2. The Latest Approach document, Version 2, was released 19th December 2018 https://www.fca.org.uk/publication/finalised-guidance/fca-approach-payment-services-electronic-money-2017.pdf.  Generally, the documents do not […]

FCA Authorisation Hocus-Pocus – Guaranteed Results?

compliance doctor consultants london fca handbook

It might possibly appear run-of-the-mill, to compare making an application for authorisation to a magic trick, However if you are under any impression that less-than-perfect preparation is good enough, take heed. Sarah Rapson, director of authorisations at the FCA said that, “We have begun to take a harder line on submissions that border on the […]

Ambulance Chasers Caught?

Claims management companies (CMCs), known in the financial services compliance business as “Ambulance Chasers” will must come up with over ₤ 7m in 2019 to set up a compliant scheme to adequately satisfy the regulator of the the sector, the Financial Conduct Authority (FCA) has revealed.  The approximate price to be paid in 2019-20, if […]

Ambulance Chasers Finally Get Cornered?

Claims management companies (CMCs), known in the financial services compliance business as “Ambulance Chasers” will have to stump up over a cool ₤ 7m next year to develop a compliant scheme to adequately satisfy the new regulator the sector, the Financial Conduct Authority (FCA), The amount be paid in 2019-20, if accurate, is 42% of […]