Helping you complete your online application
Step-by-step guide:
7. Compliance
Helping you get
Your firm’s Compliance Procedures
Your firm’s Compliance Monitoring Programme
Details of your firm’s financial crime procedures
Your firm’s procedures on disclosure (as detailed in Consumer Credit
Sourcebook 4 (CONC)
What you will need for this section:
The purpose of this section is to confirm that your company has certain
procedures and documents in place. Here is what you will need to complete it:
Step-by-step guide:
7. Compliance
You do not need to attach the
actual documents, but you must
make sure they are available for
inspection in the future.
This must be tailored to your
business, and take into account
the type of regulated activity
your firm intends to carry out.
Compliance Monitoring
Programme:
Compliance Procedures:
Tick this box if your
Compliance Procedures
documents are available.
You will need to provide a
document giving details
of your firm’s Compliance
Monitoring Programme.
Here is where to attach it.
You also have the option
to click SEND LATER. Then
after you have submitted
your application, you will
receive an email requesting
the document. To help avoid
delay, for any documents you
have indicated as ‘send later’,
follow instructions within the
confirmation email you will
receive when you submit your
application.
Here is a list of what needs to
be in it.
Disclosure requirements:
Financial Crime:
Your firm must have
procedures to comply with
rules on disclosure, as
detailed in Consumer Credit
Sourcebook 4 (CONC).
Your firm must also have in
place procedures to avoid being
used by third parties to commit
financial crimes.
Here is a list of what these
procedures should include.
No need to attach the
documents, just tick the box
to confirm that they are all
in order.
Type in a summary of
your firm’s Financial Crime
Procedures here.
Lastly, if your firm charges
for credit broking services
you will need to give some
details here.
If you need to know more about the procedures or documents mentioned in
this section, please refer to the guide to completing your application.
Limited permission
Full permission
There are guides for different sections of the application.
So if you’d like further help please visit our website.
