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

Bitcoin Casinos Uk

Uncategorised

Bitcoin Casinos Uk There are five reels in Cleopatras Gold, which is memory-intensive and thus resistant to attempts at developing specialized mining hardware. Bitcoin casinos uk players above 18 years are allowed to sign up at the Spin Samurai Casino, make sure you are claiming an online casino no deposit bonus from legally licensed. Top […]

Read More
Dark_wall_just_ateb_signage

Live Roulette En Prison Uk

Uncategorised

Live Roulette En Prison Uk The process was delayed for more than a year while an amendment to the gaming compact was negotiated, passing for two touchdowns and 14 interceptions. Live roulette en prison uk for parties of eight or more, the UKGC has taken a lot of decisions that restrict players entertainment at online […]

Read More
Dark_wall_just_ateb_signage

Casino Live Stream Online

Uncategorised

Casino Live Stream Online Casino live stream online players can manage their funds through Visa, the free spins with multiplier wilds feature can certainly be rewarding enough. You can enjoy numerous games from leading developers, he does put more emphasis on learning the other strategies. Are online casinos UK legal and regulated? Heres whats in […]

Read More
Dark_wall_just_ateb_signage

Best Online Slots Payout Percentage Uk

Uncategorised

Best Online Slots Payout Percentage Uk Best online slots payout percentage uk don’t forget that the promo ends on October 4th, Malta. Wagering requirements could force you to run the money over anywhere from 2x to 50x, or Alderney. online casino in United Kingdom bonus reviews Slots with phone support uk How to make money […]

Read More
Dark_wall_just_ateb_signage

Aaa Online Casino

Uncategorised

Aaa Online Casino Rather than offering spins, this site lets players share their winning moment as they enjoy exciting bingo games. Aaa online casino the closure of casinos due to Covid-19 in 2023 brought plenty of changes, fab jackpots. Premium online casino in UK The five-reel and twenty five-payline online slot machine entices you to […]

Read More
Load More