FCA Authorisation with a minimum of fuss. It's what we do.

Speak to an expert  PATH TO AUTHORISATION

SUPPORTING THE BRAVE AND THE BOLD

Starting a new business has always been for the brave. With COVID-19 creating a high level of uncertainty, you're going to need to be braver and bolder. 

The FCA remain open and will be authorising new firms, but we're expecting it to be a quieter time for progressing new applications.  A potential window of opportunity.

So pressing ahead now and getting your FCA application approved with a minimum of fuss will mean you're ready to take advantage when business inevitably gets back to normal. 

To support the brave and the bold we’re offering incentives to help your cash flow and funding. Get in touch now to discuss your business idea and how we can help you.

Why Compliancy Services?

Here at Compliancy Services we’ve successfully managed over 1,100 authorisations and regularly interact with the FCA.

Our award winning FCA authorisations service has been recognised for its efficiency, effectiveness and quality. We know the process and what the FCA are looking for - minimising the time you spend and getting you authorised in the fastest possible time. 

Our team of ex-regulators, industry practitioners and subject matter experts have experience dealing with many types of application and with the FCA sandbox.

Helping asset managers, banks, consumer credit, insurance, mortgages, asset managers, broker/dealers, banks, innovative fintechs and payment firms that are bringing new services to market.

Key Features

  • Pre-instruction consultation to discuss authorisation and provide advice on permissions required, capital, costs and expected management resourcing

  • Dedicated Consultant managing the entire process, one point of contact who is on hand to answer your questions and liaise with the FCA to point of authorisation

  • We will tailor our service to your requirements. Talking through your business model, what being regulated means and what you need to do to get authorised

  • Preparation of your FCA application pack, including regulatory business plan and relevant policies and procedures

  • Handover meeting post authorisation giving you practical advice on how to operate as a regulated firm, with compliance manuals and frameworks provided to support

YOUR PATH TO ACHIEVING FCA AUTHORISATION

We will lead you through the entire process, we’ve outlined the key stages we’ll go through together below:

information gathering icon Information Gathering

To kick off we’ll need to establish which of your business activities are regulated, and the implications of this. We’ll set up a time to discuss your business model, internal controls around governance, risk and compliance, as well as the key individuals at your firm. Following this we’ll be able to determine exactly which 'permissions' you require.

We then move to our process of compiling all the information required in order to build your information pack. We will guide you through what we need to know and ensure we’ve got everything the FCA require.

SPEAK TO AN EXPERT

scoping icon Application Creation

Having provided us with the information we need, it’s over to us to tailor your application pack. The contents of the application pack varies for every single company, depending on the scale and complexity of your business model.

We will create policies and procedures, your Regulatory Business Plan, Compliance Monitoring Programme and any other relevant documentation required. We know what the FCA are looking for when they review a firm’s application and will work with you to ensure we answer any questions first time round, helping to avoid delays further in the process.

Once we’ve completed the application pack, we’ll send it to you for a final review.

SPEAK TO AN EXPERT

application management icon Application Management

All FCA authorisation applications are submitted online via the FCA’s Connect system and we’ll take care of this for you. It’s at this point you’ll need to pay your application fees.

From here the FCA will acknowledge receipt of your application and your Case Officer is appointed. This will be where the FCA may ask questions on your application and we’ll be on hand to help ensure responses are professionally worded and provide the information being requested. If further discussions with the FCA are required your Consultant will be available for this.

SPEAK TO AN EXPERT

authorisation icon Authorisation

Prior to authorisation you’ll be “Minded to Authorise”, it’s here the FCA may need to ask you to complete certain conditions. We’ll guide you through how to satisfy these requests, once met the FCA will typically authorise you within 24 hours.

Once you are authorised you will have to comply with FCA rules and the various commitments made to the FCA within the application. We will set up a handover meeting, providing you with your compliance manual and framework and talking you through what you need to do in practice to comply with the FCA’s rules.

SPEAK TO AN EXPERT

To kick off we’ll need to establish which of your business activities are regulated, and the implications of this. We’ll set up a time to discuss your business model, internal controls around governance, risk and compliance, as well as the key individuals at your firm. Following this we’ll be able to determine exactly which 'permissions' you require.

We then move to our process of compiling all the information required in order to build your information pack. We will guide you through what we need to know and ensure we’ve got everything the FCA require.

SPEAK TO AN EXPERT

Having provided us with the information we need, it’s over to us to tailor your application pack. The contents of the application pack varies for every single company, depending on the scale and complexity of your business model.

We will create policies and procedures, your Regulatory Business Plan, Compliance Monitoring Programme and any other relevant documentation required. We know what the FCA are looking for when they review a firm’s application and will work with you to ensure we answer any questions first time round, helping to avoid delays further in the process.

Once we’ve completed the application pack, we’ll send it to you for a final review.

SPEAK TO AN EXPERT

All FCA authorisation applications are submitted online via the FCA’s Connect system and we’ll take care of this for you. It’s at this point you’ll need to pay your application fees.

From here the FCA will acknowledge receipt of your application and your Case Officer is appointed. This will be where the FCA may ask questions on your application and we’ll be on hand to help ensure responses are professionally worded and provide the information being requested. If further discussions with the FCA are required your Consultant will be available for this.

SPEAK TO AN EXPERT

Prior to authorisation you’ll be “Minded to Authorise”, it’s here the FCA may need to ask you to complete certain conditions. We’ll guide you through how to satisfy these requests, once met the FCA will typically authorise you within 24 hours.

Once you are authorised you will have to comply with FCA rules and the various commitments made to the FCA within the application. We will set up a handover meeting, providing you with your compliance manual and framework and talking you through what you need to do in practice to comply with the FCA’s rules.

SPEAK TO AN EXPERT

FREQUENTLY DOWNLOADED RESOURCES

Our most popular resources are listed below. 

See other resources

FACTSHEET

FCA Licence Options for Investment Firms

This factsheet has been prepared to assist investment firms planning on applying for FCA Authorisation to establish key information relating to their proposed application. 

Download factsheet

FACTSHEET

FCA Licence Options for Fintechs

If you’re a fintech thinking about applying for a UK financial services licence then this factsheet will help you understand some of the main options available and to scope your application project. 

Download factsheet

FAQS

Consumer Credit Authorisation

We've answered some of the most frequently asked questions about the application process and ongoing obligations for consumer credit firm looking to be authorised by the FCA.

View FAQs

OUR TEAM

Includes ex-regulators, industry practitioners and subject matter experts

Through the breadth and depth of their collective expertise and experience, we offer an outstanding service. Reducing the regulatory burden, minimising your time and resources, and ensuring that compliance makes a positive contribution to your business.

SPEAK TO AN EXPERT