Getting Your Application Right
Getting your FCA application is vital if you propose to enter the UK financial services sector. If you propose to offer various financial products and/or services that customers demand from financial institutions such as consumer credit providers, insurance and mortgage brokers you require FCA authorisation and must comply with the FCA’s principles, rules, and guidance pertaining to these financial services.
Completing your FCA application can be arduous and any mistakes can lead to you having to make revisions or edits to the application post-submission which could extend the time to attain the approval of your application.
It’s important that you avoid delays in bringing your business to market and make sure everything is done right so you can focus on growing your business. Use one of our skilled Compliance Consultants to walk you through the FCA application process step-by-step and to help you handle every part of the application by reducing the burden of starting a new business.
We’ve been helping firms get their FCA authorisation since 2014 and our high success rate of applications our clients submit shows that we know exactly how to make sure your application has the best possible chance at approval.
Claims Management Compliance
As a Claims Management Company, you know how important it is to get FCA approval to be able to handle claims and to obtain legal relief for your clients. We will help work through the process of getting fully authorised by the FCA.
Once you are FCA authorised, you need to evidence your ongoing compliance. We’ll work with you and your company to show you how to maintain your compliance with FCA regulation which is needed for you to grow your business effectively. We know that your bottom line is important and that means you want to expose yourself to as little regulatory risk as possible. Our exceptional service means that we will help you every step of the way, ensuring that you and your staff know exactly how to meet the specifications of all elements of FCA regulation.
Consumer Credit Compliance
For consumer credit firms, we work with you to find the best solutions for your business. We’ll conduct an initial perimeter assessment to identify whether your firm falls within the FCA’s limited or full permission regime and establish what permissions you require. We take a pragmatic approach in assisting you to build a successful and compliant business model and supporting regulatory framework that works within your proposed business plan and budget. We want to make sure that your FCA application has the best chance of approval and that you can bring your business to the market as quickly as possible.
After approval, our retained services provide you with an ongoing compliance shield. In addition to our retained service, we also assist your post-authorisation compliance through ad-hoc engagements such as scheduling audits of your company at regular intervals which make sure everything is working as intended and help you to identify any risks that may prevent the growth of your business. We can hold training seminars, workshops and you and your team can access our e-learning courses to demonstrate that everyone is kept up to date with FCA regulations. These sessions also review how your teams can make sure their working practices are in line with regulations and evidence compliance within FCA guidelines. They make your team better prepared to keep your regulatory exposure to a minimum and offer clear evidence of ongoing training which the FCA require you to demonstrate.
Helping you with FCA Approval
If your company needs to be authorised by the FCA, The Compliance Company is here to help. No matter how complex your requirements, as long as you meet the criteria for our FCA approval support, we’ll be able to guide you through the process. Working with us will give you peace of mind that you’ve got experienced professionals who know FCA regulation.
We will make sure there is every chance that your FCA application is approved and we support you at every step during the application for FCA authorisation. If you’re looking into any of our other services to help your business handle FCA regulation, feel free to contact us and we’ll be more than happy to help you explore your options.