Should your firm want to become directly authorized by the Financial Conduct Authority (“FCA”) in the United Kingdom (U.K.), market or distribute your funds in the European Union (“EU”) or establish a presence in one of the regulated Asian markets, Alaric Compliance can support the launch of your new office.

How We Can Help

In the U.K., you have the option of becoming an “appointed representative” as an expedient alternative to applying for authorization from the FCA to conduct business as a regulated entity. Direct authorization can take up to a year, and requires a significant amount of resources and documentation. Under our FCA Umbrella Platform, we enable clients to conduct regulated activities within a few weeks, rather than several months.

By serving as the Principal Firm, we assume regulatory oversight of the Appointed Representative and provide compliance and regulatory support. This is also referred to as an “FCA Incubator” or “Regulatory Hosting” arrangement.

If your firm is already directly FCA authorized, we offer a number of outsourced compliance support functions that enable you to remain compliant while minimizing regulatory risk and reducing costs.

Services

Financial Promotion Approvals


Training and Competence Programs


Onboarding of New Employees


Compliance Reporting


Ongoing Compliance Monitoring


Delegated Risk Management


Outsourced Compliance Functions and Administration


Client and Investor Suitability Assessment


AML and KYC Checks


Trading Reviews


Cyber-security Programs


FCA Authorization


Annex IV Reporting

We are seeing a lot of U.S. firms wanting to register under the FCA, or on the Hong Kong exchange, and foreign-registered firms wanting to register under the SEC. We have set up alliances that can provide those services and create policies and procedures that comply with both registrations.”
- Guy F. Talarico, CEO & Founder, Alaric Compliance Services

Related News & Alerts

  • Financial Conduct Authority (FCA) Handbook. > READ MORE
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