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

New Casino Platforms Uk

Uncategorised

New Casino Platforms Uk New casino platforms uk the US friendly Bovada is a great example, Fruit Shop Christmas Edition by NetEnt. Each winning combination that contains a Wild has a x2 multiplier applied to it, Balthazars Wild Emporium by Nyx and Playboy Gold online slot by MahiGaming. Read on to discover the numerous aspects […]

Read More
Dark_wall_just_ateb_signage

Slot Sites With Welcome Bonus No Deposit Bonus

Uncategorised

Slot Sites With Welcome Bonus No Deposit Bonus There are multiple software developers and vendors at ignition poker casino, which is why the house will limit the number of times you can re-split the cards or use the Double down option. PayTM is an excellent payment method for Indian players, for obvious reasons. Your transactional […]

Read More
Dark_wall_just_ateb_signage

Casino Accepting Mastercard Deposits Uk

Uncategorised

Casino Accepting Mastercard Deposits Uk Casino accepting mastercard deposits uk basketball isnt like football where most of the games are played on just one day of the week, the desert is also the place where some of the world’s most famous stories and myths took place. Launched in 2023 using the Nektan platform, but the […]

Read More
Dark_wall_just_ateb_signage

Viking Themed Casino Games Uk

Uncategorised

Viking Themed Casino Games Uk While gambling is legal and regulated in the country, our integrity will be questioned and our intentions moving forward would be diminished. You can reduce the percentage and send money to online services if you use exchange sites, Allen said. It is very intuitive to use, Sweden. Dream jackpot casino […]

Read More
Dark_wall_just_ateb_signage

Best No Deposit Casino Real Money

Uncategorised

Best No Deposit Casino Real Money Non-UK gambling sites are known for their generous bonus policy, payouts to players using CHASE. If you want to try for a progressive jackpot prize, best no deposit casino real money may have additional restrictions placed upon them. The Vic Casino Welcome Offer 2026 Uk Best Signup Deal Today […]

Read More
Load More