Firms should report to us once a year, within 4 months of your accounting reference date. Find out more about how to do this.
This is to ensure we receive regular and comprehensive information about the identities of all of the controllers of your firm, so the threshold conditions can be met. This supports our functions under Part XII of the Financial Services and Markets Act (FSMA).
You should send us a report containing the information in SUP 16.4, on Gabriel, using form REP002. You can also attach an organisation chart to your REP002 submission if you wish.
You can submit one report for a whole group if necessary, containing the information on all firms in the group. Each firm in the group must still be responsible for its own reporting.
Exemptions
If you are a friendly society or building society, you only have to send us this report if you know that you have a controller.