To become authorised by the Financial Conduct Authority (FCA) you must complete an application. This isn’t as simple as it sounds. The FCA Application is complex and consists of numerous documents that you need to complete and produce. As such, this can be a very time consuming process but we are at hand if you need us. We have assisted a large number of Mortgage Brokers, General Insurance Brokers, Equity Release and Insurance Loss Assessors (Claim Handling) companies complete the application and get authorised. Of course, once you are authorised we can then help with your ongoing compliance, if required.
The FCA can take up to 6 months to review your application and if it isn’t complete or you have failed to provide them with something they can take up to 12 months. Therefore, you should ensure that the application is fully completed before it is submitted.
If you are part way through completing your application and find that you need assistance please contact us for a quote.