FCA Application Templates & FCA Authorisation
Know Your Compliance Limited was founded in 2013 and incorporated in 2018 and have helped nearly 5000 organisations with compliance documents and policy templates We specialise in FCA templates and policies that are required by the FCA handbook, as well as providing GDPR, AML and Information Security templates.
Whether you are new to the financial market and are undergoing the FCA application process, or you are looking to upgrade your existing policy and procedure program, Know Your Compliance Limited can help. From our market leading FCA Compliance Manual, through to individual policy templates, we provide ready to use, fully customisable policies and procedures for all business types.
Whilst we do not act as a consultant owing the the volume of firms using our FCA templates and training materials, we have extensive knowledge of the FCA requirements and handbook modules and have developed professional policy templates in a vast array of areas.
Policies Required for FCA Application
In their FCA application guidance, the regulator provides extensive guidance on which policies and procedures a firm must have in place when applying for FCA authorisation. Some differ depending on the regulated activity, but most are mandatory and are FCA templates that we provide: –
- Complaints Procedure and Policy
- Anti-Money Laundering (AML) Policy
- Affordability Assessment & Creditworthiness Policy
- Outsourcing Policy & Register
- Compliance Procedures & Compliance Monitoring Plan (CMP)
- Vulnerable Customer Policy
- TCF Policy
- Arrears & Default Policy and Procedures
- Financial Promotions Policy
- Breach Incident Procedures
- Communication with Customers
Information Security (IT) Policies
- Business Continuity Plan
- SMCR & FIT Compliance
- Conflicts of Interest Policy
- Due Diligence Policy & Customer Identification Procedures
- Client Assets (CASS) Compliance
- Risk Assessment Policy
- Training & Competence
- Internal Audit Function
- Market Abuse Policy & Procedures
FCA Compliance Program
The documents that make up your compliance program will be bespoke and customised to your firm (e.g. your BCP and DR), however the aim of many of the FCA rules is to ensure that a standardised and consistent approach is achieved by all FS and CC firms. As we are experts in the FCA handbook and sourcebooks, we have been able to develop the main mandatory documents as FCA policy templates that firms can purchase and customise to create their own compliance manual.
We understand that compliance is not a ‘one size fits all’ area and so emphasise to the thousands of organisations using our documents that customisation is essential. But there is no point spending time and money reinventing the wheel when we have done it for you!