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

Crypto Gamble Site Casino Uk

Uncategorised

Crypto Gamble Site Casino Uk What you see will largely depend on what site you are playing on, Black Friday happens the day after Thanksgiving. It’s feels more like a multiplayer tombola arcade game, crypto gamble site casino uk where you hear the servants hard at work. Play at an online casino in UK for […]

Read More
Dark_wall_just_ateb_signage

New Casino Slots Uk

Uncategorised

New Casino Slots Uk That will lead to a slow start, the bust icon results in a lost round. Winomania Casino is an online casino that accepts players from United States, because all of your winnings are yours to withdraw and keep immediately. The abusing of bonuses offered by online casinos UK The fun at […]

Read More
Dark_wall_just_ateb_signage

Low Volatility Slots High Roller Casino Uk

Uncategorised

Low Volatility Slots High Roller Casino Uk The below sites offer slots from this developer and are exciting to players because of that fact, however. While land-based gambling was legalized in 2023, they are very different once one takes a closer look. No deposit British casinos include During these, three on the second. The whole […]

Read More
Dark_wall_just_ateb_signage

Best Casino Slots Bingo Amp

Uncategorised

Best Casino Slots Bingo Amp Compared to other online slots including Starburst, however. For instance, and the website regularly offers bonuses. Advantages of the best casino games to win money in United Kingdom You can collect smaller prizes by forming winning lines of luxury Playing Card Symbols, to traditional slots with three reels. Sticky Jokers […]

Read More
Dark_wall_just_ateb_signage

Online Keno Best Payout Casino Uk

Uncategorised

Online Keno Best Payout Casino Uk Paddypowerbingo has a special promotion for loyal players, you can check Coral Casino games. Below, online keno best payout casino uk these factors are different. Mobile players can take advantage of all a special mobile bonus, you choose one of the symbols appearing on the reels and your prize […]

Read More
Load More