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ARTICLE · 08 JULY 2024

Update: How Long Does It REALLY Take To Become FCA Authorised?

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A UK investment firm, such as an asset manager, investment adviser or broker, falls under the remit of the Financial Conduct Authority...

United KingdomFinance and Banking
Matthew Raver
Matthew Raver

A UK investment firm, such as an asset manager, investment adviser or broker, falls under the remit of the Financial Conduct Authority ('FCA'). Becoming FCA authorised requires submitting an application which must be approved by the FCA before the activities can be partaken. The process is complex, and there's no getting away from the fact that there's a lengthy application process to become FCA authorised. Is it 3 months? 6 months? 9 months? A year? What is that magic number?

In recognising that there are a few myths that continue to pervade the industry around this topic, we wanted to publish an updated synopsis to help manage expectations...

Myth #1: It's easy – I'll just do it myself:

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