Information for newly authorised firms

First published: Last updated: 25/05/2023

As a newly authorised firm, we know there's a lot of information to take in. To get you started, learn about the systems you'll use and things you need to know.

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All authorised firms need to meet regulatory obligations when providing regulated financial services and products, including reporting to us regularly and having controls in place to prevent financial harm.

Information for all firms

Systems you will use

Connect
Connect is the online system that you must use to submit applications and notifications to us.

RegData
RegData is the platform you'll use to submit regulatory data to us. Use our RegData resources to learn about each aspect of the RegData system via user guides and explainer videos.

Online invoicing
You'll need to register with our online invoicing portal to pay your fees, see your invoices, register new users and more.
Getting started

Tasks for authorised firms
Our authorisation homepage links to a range of tasks for authorised firms. You should also search our website for the main pages in your sector.

Stay up to date
Keep up-to-date with our latest news, publications and regulatory updates by signing up to our Regulation Round-up monthly email and our daily and weekly news and publications email alerts.

Contact us
Our contact page has useful links and information for firms and consumers, including answers to the most frequently asked questions from firms.
Other information

FCA Handbook
Our Handbook contains a complete record of our rules and legal instruments.

Portfolio letters
Your firm will be part of a portfolio of firms that share a common business model. We send portfolio letters about the risks of harm in a portfolio and the action we expect firms to take. Your firm will be expected to review these and be able to describe what steps you have taken.

Financial crime
Your firm must have systems and controls in place to prevent financial crime.

Financial promotions and adverts
You must ensure that your financial promotions and adverts comply with our rules and treat customers fairly.

Consumer Duty
Our Consumer Duty sets higher, clearer standards of consumer protection across financial services and requires firms to put their customers’ needs first.

Treating vulnerable customers fairly
Understand your firm's responsibilities to ensure that vulnerable consumers have an appropriate degree of protection.

Requirements of approved persons
Approved persons have to know and meet our regulatory requirements, as well as understand how to apply them.

Fees and levies
Find out about the fees we charge and what they cover, and the levies we collect for organisations that are part of the regulatory system.

Sector-specific information

We might also contact you about taking part in our Early and High Growth Oversight programme, which provides in-depth support to some newly authorised firms, depending on your sector, to help you get used to your regulatory status and understand your obligations.