Ongoing compliance support
Retained support for authorised firms: regulatory reporting deadlines, policy and procedure maintenance, compliance monitoring, and FCA correspondence.
⚠ UNSIGNED-OFF COPY. This page was written during the build so the section could exist and its routes could resolve. It makes no claim about outcomes, timescales, prices or the FCA’s decisions, but claim-free is not the same as signed off. Recorded at
docs/content-removals-for-review.md § 7.
Authorisation is the start of a firm’s regulatory obligations rather than the end of them. A permission stays in force indefinitely, but it depends on the firm continuing to meet the threshold conditions, submit its reporting, and pay its fees.
What ongoing support covers
- The regulatory reporting calendar, and the returns due on it
- Maintaining policies and procedures so they describe what the firm actually does
- Compliance monitoring, and the records that evidence it
- Regulatory correspondence, including responding to FCA information requests
- Keeping the firm’s details on the Financial Services Register current
Why it is a standing obligation
The obligations that follow authorisation do not announce themselves. A missed return or an unpaid fee is a breach whether or not anyone noticed the deadline, which is why keeping the reporting calendar, the fee schedule and the correspondence in one place is most of the work.
Our guide on whether FCA authorisation expires covers what keeps a permission in force.