Tag Archives: fca connect

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 […]

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 […]

Do I Need To Be Regulated As An FCA Authorised Person?

Financial services providers, investment company and consumer credit firms ought to be Financial Conduct Authority (FCA) authorised. Here’s a summary of what you should know. Due to the regulations made under the Financial Services and Markets Act (FSMA) 2000, financial activities must be regulated by the FCA. Any firm (whether an enterprise, a not-for-profit or […]

Do I Need To Be Regulated As An FCA Authorised Person?

Financial services providers, investment company and consumer credit firms ought to be Financial Conduct Authority (FCA) authorised. Here’s a summary of what you should know. With reference to the provisions made under the Financial Services and Markets Act (FSMA) 2000, financial activities will have to be regulated by the FCA. Any firm (whether an organisation, […]

FCA Authorisation and Harry Potter?

It might just seem trite, to compare making an application for authorisation to a magic trick, but 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 […]