FCA authorisation for investment business in the United Kingdom

About This Company

Acquiring this business delivers a company holding Part 4A permission under the Financial Services and Markets Act 2000 for regulated investment activities as a MIFIDPRU investment firm. That authorisation covers dealing on own account, portfolio management, investment advice, execution of orders on behalf of clients, alongside reception and transmission of orders. Permission remains domestic, without passporting privileges. Ongoing operational fees start with an annual standard minimum payment of GBP 2,000 under Fee-block A.0. Further levies depend on funds under management, principal trading, or client assets held by the firm. Before completion, the buyer submits a formal change of control notification to the Financial Conduct Authority in London. Gaining control without prior regulatory consent is a criminal offence under Section 191F of FSMA 2000. Thresholds for Directive firms apply at 10%, 20%, 30%, and 50% stakes, or upon becoming a parent undertaking. Under Section 189, the statutory review runs for 60 working days after acknowledgement of a complete submission. That assessment period can pause once, adding an extension of 30 working days if officers request supplemental information. The buyer searches the Financial Services Register using the six-digit reference number, postcode, or firm name to review active permissions, trading names, registered address, appointed representatives, and any imposed supervisory restrictions.