FCA’s Appointed Representatives Regime: are you compliant?

The Financial Conduct Authority’s (“FCA”) changes for Appointed Representatives (“AR”) have been implemented to ensure that the UK’s financial sector remains compliant and transparent. The new rules (“New Rules”) came into effect on 8 December 2022 and allows unauthorised firms to engage in regulated activities without having to be authorised by the FCA and affected firms will need to take the necessary steps to ensure compliance…