Obtaining authorisation and fees

This overview is a guide to the Lexis+® UK Financial Services content within the Obtaining authorisation and fees subtopic, with links to the appropriate materials.

This overview explains the basic principle of carrying out regulated activities and summarises the available avenues that firms seeking authorisation will have to take, and the relevant financial authority or authorities they will have to deal with. The overview also sets out the topical content that is available.

Firms who wish to carry out regulated activities in the UK must be authorised to do so. For guidance on what constitutes 'regulated activities' see Practice Note: What are regulated activities?.

The most significant changes introduced under the current regulatory regime involve the way that firms are supervised and the risk mitigation process.

For further guidance, please see the Supervision Overview Document. You can also read a detailed discussion on the FCA's approach to supervision in The FCA’s approach to supervision for fixed portfolio firms and The FCA’s approach to supervision for flexible portfolio firm.

FCA authorisation process

The FCA authorisation process involves much more than just filling in forms. Firms

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