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.
A closer look at FG 21/3 – finalised guidance on transfers
Alistair MacDougall Compliance FCA, Pension, Pension Transfer, PI, transfer
In our recent article giving an overview of Finalised Guidance (FG 21/3), we indicated that we would pick out a few of the more interesting snippets for a closer look. That is not to imply that the rest of the guidance is of no interest, just a reflection that much of the guidance is a […]