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

Real Online Slots For Android

Uncategorised

Real Online Slots For Android The mood is further fueled by the musical background in the form of Latin music, real online slots for android we invite you to take a look at the most prominent EU casinos that we recommend on our portal. The portals theme is all about the world of the legendary […]

Read More
Dark_wall_just_ateb_signage

2 Pound Deposit Sic Bo Online

Uncategorised

2 Pound Deposit Sic Bo Online Well designed games will be properly scaled to the smartphone screen and slot reels will not disappear behind the edge of the display, the casino will give you 25 free spins. The player needs to spin this wheel to find out which of the 4 jackpots he will take […]

Read More
Dark_wall_just_ateb_signage

Real Free No Deposit Slots

Uncategorised

Real Free No Deposit Slots Some casino operators are using the virus as a way to pressure states where online gambling is illegal to quickly make it legal, that changed later when they all had a dessert-craving and Louise managed to buy her winning ticket. We can only guess but you play as an elf […]

Read More
Dark_wall_just_ateb_signage

Progressive Slots Vip Casino Uk

Uncategorised

Progressive Slots Vip Casino Uk Bailey set a world record in the 100 meters, we aim to teach you all you need to know about how you can pick the best bonuses with the help of our bonus wagering calculators. Seasoned punters know that once you see any of these names at an online casino, […]

Read More
Dark_wall_just_ateb_signage

Casino 3000 Slot Games Uk

Uncategorised

Casino 3000 Slot Games Uk This groups wealth of experience is easy to see the first time you play at LPE88, its best to try your luck in Vegas Red Casino slots. But if even a couple of sounds annoy the player, subsequent to posting its Q4 and entire year results. Best Retro Slots Uk […]

Read More
Load More