Legal News

FCA consults on gateway for firms that approve financial promotions for unregulated firms

Published on: 06 December 2022
Published by LNB News

LNB News 06/12/2022

Document Information

Issue Date: 06 December 2022

Published Date: 06 December 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has published consultation paper CP22/27: Introducing a gateway for firms that approve financial promotions for unregulated firms. The proposals include that firms will be required to be approved by the FCA in order to use the gateway; notify the FCA when they approve promotions; and provide bi-annual reporting. Responses are due by 7 February 2023.

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