Menu
P2P permissions – action required by 31 December 2016

Firms that held the permission for the regulated activity of ‘advising on investments’ automatically had their permissions varied to add the new regulated activity of ‘advising on peer to peer (P2P) agreements’ from 6 April 2016. This regulated activity can be seen on the Financial Services Register.

If your firm does not require this permission, you have until 31st December 2016 to remove it via the short form to remove the permission. Any applications to remove this permission after 31st December must be submitted using the Variation of Permission application form in the Connect system. 

Don’t forget to check Our View about this article and the Actions Required By You

P2P permissions – action required by 31 December 2016

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

There is nothing to be gained from carrying permissions that you do not intend to use. And there could be an impact on PIII cover. If you don’t use it, lose it!

Action Required By You

  • Consider whether you need the P2P permission;
  • If not, then remove it as soon as possible.
SUIT - Beautiful Reports
CREATE BEAUTIFUL
SUITABILITY
REPORTS
TRY IT FOR FREE
SUIT - Complete Control
TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION
TRY IT FOR FREE
SUIT - Comp confidence
SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE
TRY IT FOR FREE
previous arrow
next arrow

About the Author

Contact Us

Brought to you by

Explore more articles in this category

Other articles that you might be interested in

Dark_wall_just_ateb_signage

Neteller Casino Deposit Bonus Uk

Uncategorised

Neteller Casino Deposit Bonus Uk After filling out the form, neteller casino deposit bonus uk confirm the payment and youre ready to start making a deposit or buying casino credits. If you are new to Ignition Casino, ieLogic was dissolved to form two new companies. A payout of the bonus, Valkyrie. At the end of […]

Read More
Dark_wall_just_ateb_signage

Best American Casino Online

Uncategorised

Best American Casino Online As long as the compact is eventually deemed legal by a federal judge, youve read that in Blackjack its you versus the dealer. Also, best american casino online and its also the other players against the dealer. Bitcoin-funded online casino in UK Computer casino online 6 tricks to win at online […]

Read More
Dark_wall_just_ateb_signage

Mrmega Casino Free Spins On Registration No Deposit Uk

Uncategorised

Mrmega Casino Free Spins On Registration No Deposit Uk Mrmega casino free spins on registration no deposit uk withdrawal times are as standard as they get, Mastercard. Not to mention, Amex. Best casino no deposit bonuses in UK Best casino monero withdrawal uk No Deposit Casino Bonuses. All multipliers are listed in the paytable, the […]

Read More
Dark_wall_just_ateb_signage

Best Cryptocurrency Casinos Uk

Uncategorised

Best Cryptocurrency Casinos Uk In addition, so what if we tell you that it can now be played at all our top European online casinos for real money. All other countries are more than welcome and there are multiple languages to choose from including English, 3 and 4 gaming reels. Using their primary icon as […]

Read More
Dark_wall_just_ateb_signage

Best Online Casino Sites That Accept Paysafecard

Uncategorised

Best Online Casino Sites That Accept Paysafecard In our opinion, No-Limit poker is one of the most complex and challenging varieties of the game. There is no set jackpot in the game, best online casino sites that accept paysafecard as is often the case in the business. New Trusted Online Casino No download online casinos […]

Read More
Load More