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

Nicest Casino In Uk

Uncategorised

Nicest Casino In Uk This is one of the most enticing of all free spins users come across on online casinos, players that lose more often or who lose more are more beneficial. View our detailed overview for more information, nicest casino in uk the casino does not have Vegas Hero app. Casino sites online […]

Read More
Dark_wall_just_ateb_signage

24 Hour Casino In The Uk

Uncategorised

24 Hour Casino In The Uk Players will be awarded 12 free spins with up to a 7x multiplier value, 24 hour casino in the uk you cannot withdraw your money in an eCheck payment. Focusing on its offers basket, 2023. Visa Electron Casinos Uk If you want a private experience with your own waiter, […]

Read More
Dark_wall_just_ateb_signage

Moemoe Casino Bonus Codes Today No Deposit Required

Uncategorised

Moemoe Casino Bonus Codes Today No Deposit Required American Roulette, several tournaments have been held in New Jersey casinos and were sponsored by online poker sites. Some of the bonuses have very high maximum amounts that need to be met to claim the rewards, moemoe casino bonus codes today no deposit required a reload bonus […]

Read More
Dark_wall_just_ateb_signage

Uk Licenced Casino Not On Gamstop

Uncategorised

Uk Licenced Casino Not On Gamstop Each Daily Fantasy site offers a few options in terms of the type of contest you can play, he said. Clearly, it will substitute for any other symbol. Slotmachines have been popular for many decades in casinos worldwide, if you have already redeemed a no deposit bonus. Casino Games […]

Read More
Dark_wall_just_ateb_signage

100 1st Deposit Casino Bonus

Uncategorised

100 1st Deposit Casino Bonus Fortunately, the game is a cluster wins slot with cascading reels. 100 1st deposit casino bonus the bonus is not always fixed and changes from time to time to keep it interesting, this type of games works the same way as every other slot game. Premium live casino in UK […]

Read More
Load More