What is FCA authorisation and who needs it?

FCA authorisation is the regulatory approval required for firms that carry out certain regulated activities in the UK under the Financial Conduct Authority. Entities offering payment services, electronic money services, or other regulated financial services typically require this authorisation.

What documents are required for a FCA authorisation application?

Documents usually include a business plan, governance and risk management frameworks, capital and financial projections, internal policies and procedures (including AML/CTF), customer due diligence processes, and details about senior management and beneficial owners.

How long does the FCA authorisation process take?

The time for FCA authorisation varies depending on how well prepared the application is, the complexity of the business, and how responsive the applicant is to queries. It can take several weeks to a few months.

What is a pre-application gap analysis?

A pre-application gap analysis identifies areas where the business’s current policies, procedures, systems or documentation do not meet FCA requirements, so these can be addressed before submitting the application.

How do you handle FCA communications and queries during submission?

We provide assistance in preparing responses to FCA queries, clarifications or additional information requests, ensuring they meet regulatory expectations and adhere to submission timelines.

Is governance and staffing part of the readiness review?

Yes. The readiness review examines whether your governance structure, senior management, staffing, organisational risk controls, and financial resources satisfy FCA’s standards.

Can you correct or amend the application after submission?

Yes. Part of our support covers post-submission advisory, helping to correct or update the application, respond to FCA feedback, and ensure all needed changes are made to secure authorisation.

What are common reasons for FCA application delays or rejections?

Delays or rejections often stem from incomplete documentation, weak governance or risk controls, insufficient financial projections, lack of clarity over ownership or management structures, or failure to meet regulatory capital or AML obligations.

How much does it cost to get FCA authorisation support?

Costs depend on the complexity of your business model, how much work is required for the application (drafting, gap analysis, documentation), the level of regulatory readiness, and the degree of FCA liaison and follow-ups needed. We can provide a tailored quote.

FCA Authorisation Application | Complete Draft & Submit Service

FCA Authorisation – Application Drafting & Submission

Securing FCA authorisation is a critical milestone for firms entering the UK financial services sector. The process demands a rigorous application supported by robust documentation, evidence of strong governance, and a sustainable business model that aligns with FCA expectations. At ABM Global, we provide end-to-end support to help clients prepare, draft, and submit fully compliant applications—reducing delays and increasing the likelihood of approval.

Our comprehensive support includes

Application Pack Preparation

We prepare and structure the full FCA application pack, ensuring that every document is complete, accurate, and tailored to your firm’s activities. This includes Form A, Form B, and other required FCA documentation.

Business Plan Development

The FCA requires firms to demonstrate financial viability and strategic direction. We help you draft a detailed business plan that includes:

Governance & Organisational Structures

FCA authorisation requires firms to demonstrate effective governance and senior management oversight. We assist in:

Compliance & Risk Frameworks

To satisfy FCA standards, firms must embed strong compliance and risk management policies. ABM Global develops and documents frameworks covering AML/CTF obligations, conduct of business, safeguarding of client funds, data protection, and operational resilience.

Regulatory Correspondence Management

We act as your liaison with the FCA, handling queries, requests for clarification, and additional information during the review process. Our proactive approach ensures issues are resolved quickly and efficiently

Fit and Proper Guidance

The FCA assesses the fitness and propriety of key individuals. We provide guidance on meeting these requirements, preparing directors and senior staff for interviews, and ensuring personal histories and competencies align with FCA expectations.

Submission & Ongoing Support

Once the application is finalised, we manage the formal submission to the FCA and provide ongoing support until approval is granted. We also assist in preparing firms for post-authorisation obligations, including reporting, governance updates, and compliance monitoring