The FCA has opened its first application window today for CMCs. Those processing financial claims, including section 75 claims and businesses serving Scottish clients, will need to ensure they submit their application for authorisation by the 31st May deadline. This allows businesses only 8 weeks from today to submit all of their supporting documents along with their application, and demonstrate that they meet the FCA’s threshold conditions for authorisation.
You can start the application by logging onto the FCA Connect portal https://www.fca.org.uk/firms/connect
If you need any support or assistance with the authorisation process, get in touch and one of our team will be happy to help.
t: 01423 522 599