FCA confirms extension to temporary permissions regime

Regulatory Updates | 24/05/19

The Financial Conduct Authority (FCA) has announced that the deadline for notifications for the temporary permissions regime (TPR) will be extended to the end of 30 October 2019. The regime allows EEA-based firms passporting into the UK to continue new and existing regulated business within the scope of their current permissions in the UK for a limited period, while they seek full FCA authorisation.