Pricing

Limited Permission CONC Application

£1,300

(Fixed Fee)

Full Application Management: We handle your entire limited permission consumer credit application with the FCA from start to finish.
Limited Permission Credit Broking Guidance: Perfect for firms looking to introduce customers to a panel of lenders to facilitate the purchase of their goods and services.
Limited Permission Lending Guidance: Tailored support for businesses wanting to lend from their own company funds for periods over 12 months, interest-free, to help customers access their products.
Strategic Advice: Ensuring you secure the correct regulatory permissions to support your core business activities without disruption.

Full Permission CONC Application

£1,800

(Fixed Fee)

Comprehensive FCA Application: Credit Brokers who are solely focused on earning commission income as an intermediary broker

Regulatory Business Plan Support: Assistance in crafting the detailed documentation required by the FCA to demonstrate your business model and compliance framework.

End-to-End Project Management: We handle all stages of the application, ensuring a professional and robust submission to the regulator.

Risk & Compliance Framework Development

Price on Quotation

(Fixed Fee)

Comprehensive FCA Application: Credit Brokers who are solely focused on earning commission income as an intermediary broker

Regulatory Business Plan Support: Assistance in crafting the detailed documentation required by the FCA to demonstrate your business model and compliance framework.

End-to-End Project Management: We handle all stages of the application, ensuring a professional and robust submission to the regulator.

AML Initial Setup & Implementation

£4,000

(Variable Fee)

Note: fee is reflective of the initial setup as described. However, complex structures may require a revised estimate.

Bespoke AML Policy Suite: Drafting a firm-wide AML Policy and Procedures Manual, tailored precisely to your business’s specific risk profile.

HMRC-Compliant Staff Training: Delivery of comprehensive AML training for all staff via an accessible online format, including automated records for audit readiness.

Robust Record-Keeping Systems: Implementation of essential AML record-keeping templates and guidance for file documentation, aligned with Regulations 19 and 40.

Internal AML Governance Structure: Establishment of board-level reporting templates and clear compliance escalation procedures to ensure ongoing accountability and monitoring.

Small Payment Institution (SPI) Application

£5,000

(Fixed Fee)

Complete FCA Registration Management: We handle the entire application process for registration as a Small Payment Institution (SPI) under the Payment Services Regulations 2017.

Scope & Eligibility Assessment: We confirm your eligibility for the less stringent SPI route, ensuring it’s the right fit for your business model.

Application Drafting & Submission: Meticulous preparation and submission of all required documentation to the FCA, ensuring a compliant and professional application.

Regulatory Guidance: Expert support to ensure you understand the operational limitations and compliance obligations of operating as an SPI.

Authorised Payment Institution (API) Application

£15,000 - £25,000

In-Depth Authorisation Support: Management of the highly complex and detailed application to become a fully Authorised Payment Institution (API) under the PSRs 2017.

Prudential Requirements Guidance: Expert advice on meeting the FCA’s requirements for capital adequacy, safeguarding, and risk management.

Comprehensive Business Plan & Financial Projections: Hands-on support in developing the robust business plan and financial forecasts scrutinised by the FCA.

Senior Management & Governance: Assistance in establishing the required governance, risk, and compliance frameworks to demonstrate your firm is fit for purpose

CONC Ongoing Compliance Support

£50

Per Month

FCA Systems Management: Full setup and registration on FCA Connect and RegData platforms.

Regulatory Reporting: Timely and accurate submission of key consumer credit reports, including CCR007 and REP008.

Annual Firm Attestation: Management of your required annual firm declaration to the FCA.

SAF Certification Training: Essential training for businesses whose staff need to meet the Specialist Automotive Finance (SAF) standard required by lenders.

SAF Expert Test Compliance Support

£200

Per Year

If you are an Authorised Car Dealer and require annual support with SAF Expert certification, look no further as we can provide an affordable service for your business.

AML Ongoing Compliance Support

£600

Per Month

Quarterly Compliance File Reviews: Targeted sampling and review of your CDD and EDD files to ensure procedures are being followed correctly.

Annual Policy & Risk Assessment Updates: Keeping your business-wide risk assessment and AML policies current with evolving UK regulations and best practices.

Ongoing Staff AML Training: Provision of annual refresher modules for current staff and onboarding training for new starters to maintain a high level of awareness.

HMRC Audit & Inspection Readiness: Proactive support to ensure your firm is always confident and prepared for any supervisory engagement from HMRC.

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