Apply to be UK UCITS Man Co

Before you make your application, you should first submit a request for a pre application meeting through our Pre-Application Support Service (PASS).  

During any pre-application meeting we will discuss your proposed business and the information you will need to submit when you come to make your application, and you will have the opportunity to ask us any questions you may have.   

What to include 

Once you have had a PASS meeting and before submitting your application, make sure you've prepared: 

• your regulatory business plan, 3-year financial forecast and the other things we expect to see in all applications 
• the relevant required forms and supporting material listed below

If you are a new applicant, you will need to submit all the forms below. However, if you are applying to vary your existing permission you should only provide the UCITS Man Co form and relevant forms below alongside your application.

• Core details form  
• Disclosure of significant events appendix  
• IT Self-Assessment form  
• Checklist and Declaration Wholesale  
• Owners and influencers appendix  
• Fees and Levies Supplement – Wholesale  
• Form A(s) 
• Relevant Controller form 
• Organisation structure chart 
• Controller structure chart 
• UK CRR /CET1 forms (if applicable) 
• MIFIDPRU supplement (if applicable) 
• Suitability/appropriateness assessment (including any applicable scoring or methodology) 

Your application should include information on the areas below. This needs to be detailed enough for us to assess the potential impact on your proposed business model.

Liquidity management 

Explain how your portfolio/fund liquidity management policy ensures portfolio/fund liquidity is managed in line with our requirements and the expectations of your clients. 

Consumer Duty 

Explain your plans for ensuring your business can provide good outcomes for retail customers and will meet our cross-cutting and outcome rules. Find out more about the Consumer Duty.

Environmental, Social and Governance (ESG) 

If ESG-related advice, products or services are expected to be a material part of your business model, we expect you to include information on your specific ESG competencies, any data products and your marketing strategy.

Investment funds established in the UK and structured as collective investment schemes (CIS) must be authorised by us to be promoted to retail investors in the UK. 

If you are not planning to take over an ICVC, AUT or ACS that already has obtained authorisation, you will need to make a separate application for the authorisation of your fund, in addition to applying for authorisation of your firm.   

Find out how to apply for fund authorisation.