Authorisation, approval and supervision

Authorisation, approval and supervision guidance:

This Practice Note provides an introduction to some of the regulatory responsibilities and contractual requirements that firms authorised by the Financial Conduct...

Practice Note

This Practice Note explores the measures in the Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (AIFMD) relating to the rights and regulatory...

Practice Note

Introduction The Financial Conduct Authority (FCA) took over regulation of the claims management sector from the Claims Management Regulator (CMR) on 1 April 2019....

Practice Note

On 7 March 2016, the Senior Managers and Certification Regime (SM&CR) replaced the Approved Persons Regime (APR) for UK banks, building societies, credit unions and...

Practice Note

STOP PRESS: The Senior Managers and Certification Regime (SM&CR) was extended to insurers regulated by the FCA and PRA from 10 December 2018, replacing the Senior...

Practice Note

What is passporting? UK authorised firms may be eligible to carry out permitted activities in another European Economic Area (EEA) state if they fulfil the requirements...

Practice Note

From 1 April 2013, the PRA and the FCA replaced the FSA. From 1 April 2013, in addition to the need to identify which regulator is relevant to the firm's activities and...

Practice Note

This Practice Note discusses the main Financial Conduct Authority (FCA) provisions applying to appointed representatives (ARs) that carry out regulated activities on...

Practice Note

Introduction to the authorisation process for electronic money institutions The recast Directive 2007/64/EC, the Electronic Money Directive (2EMD) applied the...

Practice Note

In the UK, certain relationships and close ties that firms may have are considered to have the potential to affect the way in which a firm is run and could affect...

Practice Note

Chapter 16 Annex 16A of the Financial Conduct Authority (FCA) Handbook's Supervision Manual (FCA SUP 16, Annex 16A) sets out a list of standing data which the regulators...

Practice Note

This Practice Note explains the contractual requirements as between a firm—referred to as a principal—and its appointed representative (AR) under Chapter 12 of the...

Practice Note

This Practice Note sets out the passporting rights and related notification requirements of credit intermediaries established in the European Economic Area (EEA) which...

Practice Note

Cross-border business Regulated firms will be familiar with the concept of passport, but it may be a new concept for those coming from outside the...

Practice Note

Part XII of the Financial Services and Markets Act 2000 (FSMA 2000) requires controllers and proposed controllers to seek approval from the Financial...

Practice Note

This Practice Note examines EU laws in relation to financial services around the rights of freedom of establishment and freedom to provide services from one state to...

Practice Note