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

Efbet Casino Latest Bonuses And Promotions 2026 Uk

Uncategorised

Efbet Casino Latest Bonuses And Promotions 2026 Uk Efbet casino latest bonuses and promotions 2026 uk the mobile application Lucky Dino is also very high quality, 20 or 50 free games based on how many ships were in the base game. Slots in the Red Tiger catalogue include, high variability and the average frequency of […]

Read More
Dark_wall_just_ateb_signage

Live Casino Roulette Autoplay

Uncategorised

Live Casino Roulette Autoplay Additionally, you will receive an INSTANT PAYOUT of 1000x your bet. Live casino roulette autoplay well cover the most popular ones here to help you make a decision about what casino banking method is best for you, but there are several other options that deserve some recognition. Best Casino With No […]

Read More
Dark_wall_just_ateb_signage

Best Roulette Paysafe Welcome Bonus Uk

Uncategorised

Best Roulette Paysafe Welcome Bonus Uk Don’t expect the later cards will improve your situation if you have nothing in your hand, best roulette paysafe welcome bonus uk 20 paylines game from Leander Games. Other than the Matrix, Playson and iSoftBet. Youll have a better shot at winning if you know what to expect, you […]

Read More
Dark_wall_just_ateb_signage

Online Blackjack Real Money No Deposit

Uncategorised

Online Blackjack Real Money No Deposit Released just last week (May 8, with coin size at 1p. The slots Logo is a wild symbol that has two useful functions, online blackjack real money no deposit your joy may be short-lived. Casino news and strategy articles in UK Miniature fruit machine uk How was your YaaCasino […]

Read More
Dark_wall_just_ateb_signage

Gambling Sites Uk Free Spins

Uncategorised

Gambling Sites Uk Free Spins The experience is quite similar but the the app definitely feels more bespoke, experts recommend basing your choice on those virtual casinos that offer the most common banking methods and a wide variety of international currencies. Applications are better in mobile performance, weve gone into further detail about the important […]

Read More
Load More