Firms who are required to be authorised by the FCA must go through the FCA authorisation application process. This involves ensuring that a detailed and structured compliance program is in place containing all the mandatory FCA policies and procedures.
One of the most useful documents when going through the FCA authorisation process are the FCA’s guidance notes that accompany the application forms. This publication provides a wealth of information on what firms’ must have in place and the essential policies and procedures.
The FCA Handbook has numerous mandatory modules that must be followed by all regulated firms and additional modules and sourcebooks that are business type or sector specific. The guidance notes provide an overview of the FCA Compliance Manual inclusions that most firms will need to have in place.
FCA Application Policy Templates
As a minimum, the FCA authorisation application process expects firms to have a compliance program or FCA Compliance Manual that covers all the areas noted in the full and limited permissions guidance notes. These areas include (but are not limited to): –
- Scope of the Applicant’s business
- Complaint handling
- AML & Financial crime
- SMCR, FIT & Skills, knowledge and expertise
- IT & Business continuity
- Communication with customers & Financial promotion
- Record keeping & Notifications to the FCA
- Conflicts of interest
- Protecting customers’ interests (inc TCF and Vulnerable Customers)
FCA Authorisation Compliance Manual Templates should also include other areas that many regulated sectors need to have in place. These include (but are not limited to): –
- Due diligence
- Risk management
- Data protection
- Information security
- Market abuse
- Distance marketing
- Arrears & defaults
- Audits and monitoring
FCA Compliance Manual
Know Your Compliance Limited have been supplying FCA compliance templates and manuals to organisations for nearly 10 years and with over 5500 customers using our documents, you can be assured of professional, high quality templates that are all fully customisable.
Our FCA Compliance Manual is the market leader in ths area and covers all the minimum FCA required areas, as well as many of the supporting and associated compliance requirements. We also provide a GDPR version which contains our complete UK GDPR template bundle.
We know that not all regulated businesses have the resources to pay thousands of pounds for top quality templates, so whilst we have added to our manual over the years, the price has remained affordable for all. With content worth over £2000 included, our FCA manuals start at just £745.00 (exc vat).
We are so confident in the content and quality of our FCA Authorisation Compliance Manual Templates, that you can download the full table of contents over on our FCA manual page and also request sample documents by emailing us.