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ARTICLE · 21 NOVEMBER 2024

5 Reasons For Appointed Representatives To Consider Direct FCA Authorisation

Herrington Carmichael LLP
Herrington Carmichael LLP
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Herrington Carmichael LLP

Herrington Carmichael LLP

The origins of the practice can be traced back over 180 years in Wokingham and 150 in Aldershot. It...

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Becoming directly FCA-authorised offers UK financial firms long-term advantages, including enhanced market appeal, greater control, improved client confidence, reduced costs over time, and independence from principal decisions, fostering growth, stability, and operational flexibility.

United KingdomFinance and Banking
Brendon Lesar
Brendon Lesar
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This article highlights some of the long-term benefits of becoming directly FCA authorised which for many firms, will outweigh the initial investment of becoming directly authorised and set your firm on a path to long-term growth, stability and success in the UK financial services market.

  1. Enhanced Market Value and Appeal

Direct authorisation can make a business more attractive to buyers as appointed representatives do not have the operational and financial dependencies associated with appointed representatives. Directly authorised firms can be easier to integrate and scale due to their independent regulatory structure without the need for approval from a principal.

  1. Greater Control

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