Context
The FCA has updated its pre-application support (PASS) web page to clarify who pre-application meetings are available to.
Key points to note and next actions
Pre-application meetings are available to:
- Firms that are considering applying for authorisation for the first time (‘new firm authorisations’).
- Firms that are already authorised and that are considering applying to expand their business model into new areas (a ‘variation of permission’).
- Firms interested in applying for the new targeted support permission, or to become PISCES platforms for trading private company shares.
- Authorised firms planning to apply for a waiver or modification of one of the FCA’s Handbook rules.
- People and companies planning to submit a change in control notification before acquiring a UK-authorised firm.