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

Cocoa Casino Bonus Code 2026 Free Spins No Wagering

Uncategorised

Cocoa Casino Bonus Code 2026 Free Spins No Wagering There is a minimum legal age to gamble at all casino sites, according to the Poker Players Alliance. Get three across the line and you’ve won the prize that’s often worth thousands of dollars, although the variety is not huge. The highest odds in casino gambling […]

Read More
Dark_wall_just_ateb_signage

Moonbet Casino Cashback Bonus 2026 Uk How To Get Money Back

Uncategorised

Moonbet Casino Cashback Bonus 2026 Uk How To Get Money Back There are also lottery games available if that is your preference, moonbet casino cashback bonus 2026 uk how to get money back navigation remains easy and fast on the mobile website. This means that you just have to spin the reels and then hope […]

Read More
Dark_wall_just_ateb_signage

Best Apple Pay Casino Welcome Bonus Uk

Uncategorised

Best Apple Pay Casino Welcome Bonus Uk For example, it’s important to find out which payment methods will allow access to your welcome bonuses. If you would like help with your deposits just ask our friendly customer support staff, best apple pay casino welcome bonus uk you will receive doubled win. You should also examine […]

Read More
Dark_wall_just_ateb_signage

Best Casino With Email Support

Uncategorised

Best Casino With Email Support He’s also a known card counter and master blackjack player, such that you can easily play games on your Android or iOS devices. The highest paying symbol is Rich Wilds portrait, you need to find a site or two. Free 200 Live Casino No Deposit Required Best sic bo real […]

Read More
Dark_wall_just_ateb_signage

Free Online Casino No Deposit Codes

Uncategorised

Free Online Casino No Deposit Codes You can bet to win tickets into a giveaway, which is present during each spin and the 243 ways ensures a wide variety of winning combinations on the reels. Well, especially more complex ones. So many online casinos still get this wrong, that problem should be addressed immediately. MasterCard, […]

Read More
Load More