Car Dealers just want to sell cars
I joined The Compliance Guys around six weeks ago with almost zero knowledge of the FCA and the motor trade but throughout this whirlwind period of annual returns, social media monitoring, firm detail checks and much, much more this has drastically changed. The best thing I was told over this time and the one thing […]
Sugar and spice, the FCA are not always nice!
It’s common knowledge that The Compliance Guys as a company are Caring Not Scaring, dealing with the FCA on the other hand can be a somewhat daunting experience for some! Put your fears aside and allow me to explain.. Once you receive the good news on your FCA approval, of course, it will be onwards […]
Klassify Declassified
Walking through the door as a new employee of The Compliance Guys on 2nd August and being told that the development of a company’s prize possession was in my hands was a bit a daunting. With experience in working with many poor compliance systems in a previous role, I had ideas but knew it would take time […]
FCA Authorisation
There are many questions to be answered about FCA Authorisation, over time we hope to answer them all in these blogs. So, let’s start with the question we get asked the most… Do I need FCA Authorisation? In almost all cases, yes. The most common exclusions are if you are offering less than 12 payments […]
Appointed Representatives (AR’s)
An appointed representative (AR) is a firm or person who runs regulated activities and acts as an agent for a firm we directly authorise. This firm is known as the ARs ‘principal’. There must be a written contract between the principal and the AR documenting the arrangement Appointed Representatives are not authorised by the FCA. Instead, they […]