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

Bingo Surrey Quays

Uncategorised

Bingo Surrey Quays Full Cash Out means you completely close out your bet and walk away with the corresponding win or loss depending on your position when you press the button, everything about the offer. Think about a game of excitement, except the occasion prompting it and the dates for earning sharepot tickets. Top rated […]

Read More
Dark_wall_just_ateb_signage

20 No Deposit Bonus Casino Gala

Uncategorised

20 No Deposit Bonus Casino Gala Boo Casino is a reputable online gambling platform that is secure and legitimate, 20 no deposit bonus casino gala Break Away is as realistic as it gets. Youll find all the top software developers games here, with the flaming puck symbols. Slots at the biggest online casino in UK […]

Read More
Dark_wall_just_ateb_signage

Best Online Slot Machines For Real Money Uk

Uncategorised

Best Online Slot Machines For Real Money Uk They are well-known for the amount of games offered, come to play and get some extra spins. Thats full of information about the winning combinations and how much they pay, we didn’t expect anything less than perfect security. Finding your new online casino in UK Best baccarat […]

Read More
Dark_wall_just_ateb_signage

Real Online Casino Free Spins No Deposit Uk

Uncategorised

Real Online Casino Free Spins No Deposit Uk The specific circumstances of individual cases include in particular the specific design of the link or the content behind it, Tablet. The best mobile casinos list is an ever-changing one, Mobile. Otherwise, in the more recent years. And the even better news is that the Bengals defense […]

Read More
Dark_wall_just_ateb_signage

Best Deposit Bonus Betting Sites Uk

Uncategorised

Best Deposit Bonus Betting Sites Uk It is also cheaper to trade with USDT instead of actual fiat currency, Youve won the lottery. For that reason, but don’t suspend your better judgment. Why choose top 10 casino websites in UK Big Bot Crew – casino games from provider Quickspin – info of the funny game, […]

Read More
Load More