FCA Authorisation - Waystone

      FCA Authorisation

      We manage your regulatory application to the UK’s Financial Conduct Authority (FCA) by setting out a project plan, guiding you through the process and keeping you up to date on all stages, including, preparation, filing and ongoing conduct of the application.

      Our expertise and services also include:

      • advising on the FCA-regulated activities for which you will need permission
      • advising you on the different FCA Regulatory (including prudential) obligations specific to your regulatory activities
      • advising you on the FCA competency requirements for senior management and other staff
      • assisting you in the preparation of your regulatory business plan
      • assisting in the completion of the necessary forms, including ownership disclosure forms and FCA Approved Persons Forms
      • advice on corporate governance, systems and controls
      • providing you with practical and effective regulatory compliance documentation including compliance manual, compliance monitoring programme
      • preparing your senior management for meetings with the FCA
      • liaising with your other advisers and with the FCA
      • project managing your FCA application from start to finish.

      How long does the FCA application process take?

      The FCA application process takes approximately six months to complete. The FCA will conduct a thorough review of your business plan to ensure your organisation does not pose a risk to the integrity of the UK’s financial services industry.

      Variation of Permission (VoP)

      We are well equipped to assist organisations to vary their scope of permission.