Ensured Compliance: helping your company obtain Comsumer Credit Authorisation

 

Providing the Compliance services you need

WHAT MAKES US DIFFERENT?


We are not a large firm. We do not have central London offices whose cost we must pass on to our clients, we do not even try and present ourselves as such through virtual office addresses. We are staffed only by long experienced professionals, your case will never be dealt with by a junior member of our team as, simply, we have no juniors. We established the business on the back of our experience at the FSA, seeing first hand what we considered to be a general poor quality of support given to applicant firms by their advisors. Credibility is a valuable commodity, too easily lost through a poor application. Whatever your business, whatever your need. Whether you are a car dealer, dentist, home improvement firm, finance broker, debt management firm, golf club, lender or even a bank, we have the range of experience and knowledge to efficiently and professionally attend to your need, Ensured.

Helping with FCA Authorisation and Compliance

WHAT WE DO - Services and Experience

Consumer Credit

From only £400 - we will help you gain the FCA Authorisation to offer your clients Finance

FCA Authorisation

We have the experience to ensure your FCA application is as efficient as possible.

Compliance Monitoring

All FCA compliant companies are obliged to monitor the latest standards and stay up to date.

Compliance Advice

Benefit from our recent in-house experience of working within the FSA Authorisations department.


Helping you to offer credit: FCA authorisation

Consumer Credit Authorisation

Limited Permission or Full Permission

Often this alone causes confusion. As a firm we have experience in assisting a very broad range of clients, from car dealers wishing to be able to introduce finance options to their customers, to unsecured loan providers, to mortgage providers and even prospective banks. Our experience is here for you, to make sure you apply for exactly the permissions your firm needs.

What We Do

Everything, well almost. You will need to supply us with information about your firm and your intended activity. From that we will undertake the entirety of your application. We write your Regulatory Business Plan, assemble financial projections, complete the entire online application including controlled function and controller forms and supply you with a full suite of policy and procedure documents as needed. We will then work with you to answer any questions that come back from the FCA.

How Long Does It Take

Much like the piece of string, that is hard to answer and all depends on the complexity of the application. To assemble the entire application and get it submitted to the FCA typically takes between 2 and 3 weeks from instruction, we have under extreme circumstances completed an application within 24 hours and consider ourselves highly commercial, pragmatic and responsive. Once into the FCA then approval times range anything from one week to 6 months, once again this will be dictated by what it is you are seeking to do – limited permission credit broking in theory should be approved much quicker than an application for short term lending.

keeping up to date with FCA regulations

Compliance Monitoring

Once approved, you will then need to ensure that your business complies on a continual basis with the relevant rules as detailed in the FCA Handbook. Additionally your firm will need to make periodic online reports to the FCA, the frequency of these depends upon the nature of your authorisation, monthly out to annually.

Periodically the FCA will review your firm's activities, the frequency of this is determined by the FCA's assessment of the risk that your firm poses, the maximum period is every 4 years. As a review of the daily papers will show, failure to comply with FCA rules can have severe consequences for both firms and management.

We are here to help you, Compliance Ensured.

fca compliance monitoring

Contented Clients

Testimonials

Each company is unique - so prices do vary. Please request a quotation

Pricing Examples

LIMITED PERMISSION AUTHORISATION = £400



FULL PERMISSION AUTHORISATION (from) =


CREDIT
BROKING

£ 750*

LENDING /
LOANS

£1200*

DEBT MANAGEMENT

£1700*

PEER TO PEER PLATFORM

£3000*



* = plus VAT



Compliance Monitoring and Reporting =

For Limited Permission Firms our charge is £25 per month on a rolling one-month contract.
For a Full Permission Credit Broker our charge is £75 per month.
Pricing depends on the amount of support your firm needs.

We ensure that our pricing is competitive and that our clients receive full value for money, Ensured.




stay in touch

Contact us

Phone: 01206 625530