We have been advised by the FCA as follows:
“Following our recent revalorisation of the application fees earlier this year, on 24 January we advised that we would be introducing a new charge of £250 for standalone long Form A applications both for Senior Manager Functions and Controlled Function for Appointed Representatives.
We consulted on this new charge in November 2020 as part of CP20/22 and reconfirmed our intention to introduce the fee in a Policy Statement PS22/1.
We are now in a position to update you to confirm the new charge will take effect on 27 May 2022.
For more information please refer to the Handbook Notice.”
Financial Sanctions Checks
Shirley McKenzie Compliance Conduct, FCA, PI
In response to Russia’s invasion of Ukraine, the FCA published information about the tranche of sanctions announced in relation to Russia and Belarus and the HM Treasury’s Office of Financial Sanctions Implementation (OFSI) has been regularly updating its publications to provide new information as it becomes available. Financial sanctions – a firm’s obligations The FCA […]