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FCA compliance

Providing expert support to regulated businesses

Businesses in the financial services sector are subject in most cases to regulation by the Financial Conduct Authority (FCA) (Formerly by the Financial Services Authority (FSA)).  If you are within the FCA’s remit you must abide by many strict and complicated regulations, which can be a minefield to understand and operate successfully within.

The Financial Services and Markets Act 2000 (FSMA) is concerned with the regulation of financial services and markets in the UK.  Under Section 19 of FSMA, any person who carries on a regulated activity must be authorised unless they are exempt.  Breach of this section may be a criminal offence and punishable on indictment by a maximum term of two years imprisonment and/or a fine.

If you are not a specialist, it is difficult to keep up with the nuances of FCA reporting.

Brebners has a large number of regulated clients and a team of experienced staff who can assist you with the following:

  • Inception - You may need advice on becoming authorised by the FCA or on the capital resource requirements that you must meet.
  • Compliance - advice on the latest FCA amendments, rules and guidance.
  • Reporting – both financial and the preparation and filing of FCA returns on your behalf.

For more information, please contact: