WebFeb 10, 2024 · What to consider Read our Policy Statements. We've published rules that funeral plan firms must comply with. Policy Statement 1 sets out our rules and what we expect from firms.; Policy Statement 2 sets out rules on the resolution of regulated funeral plans and Financial Services Compensation Scheme (FSCS) protection, and our … WebFinancial Conduct Authority FCA authorisation application fees: new structure 1 Summary Introduction 1.1 In this policy statement (PS), we set out the new structure for authorisation application fees. We are introducing this following consultation in November 2024 and our feedback in April 2024. The new structure comes into effect from 24 ...
Preparing For FCA
Web1.3 This Policy Statement (PS) applies to all FCA fee-payers and to any businesses ... • Uplifting the charges for Appointed Representatives (ARs) in line with inflation as described ... Financial Conduct Authority FCA regulated fees and levies 2024/23: with feedback on CP22/07 and ‘made rules’ ... The Appointed Representatives (AR) regime is set in primary legislation. It allows self-employed representatives to engage in regulated activities without having to be authorised. Where harm occurs, it is often because principals do not do adequate due diligence before appointing an AR, and/or due to … See more We consulted on changes to protect consumers and address harms across all the sectors where principals and ARs operate. We are … See more The changes took effect on 8 December 2024. Principals should read our updated rules and expectations and take necessary steps to ensure they … See more the manning group credit repair
FCA’s changes to the Appointed Representative Regime
WebAug 30, 2024 · The FCA published its much-anticipated Policy Statement on "Improvements to the Appointed Representatives regime" ( PS22/11) on 3 August … WebAn appointed representative is a person who is party to a contract with an authorised person which permits or requires him to carry on certain regulated activities (see … WebJun 1, 2024 · appointed representatives who conduct insurance business ancillary insurance intermediaries (including those excluded from regulation through the connected contracts exclusion ) Consumers have a clear interest in financial markets that operate fairly and transparently, which is the rationale for the proposals in this CP. tie dry cleaning