Landing slots for firms in the TPR

If we approve your application, your firm’s temporary permission will come to an end at the end of the day before the date stated in the written notice we issue granting permission.

As part of your application process, you must make sure your firm is ready, willing and organised to comply with the rules and other provisions that apply to an authorised firm in the UK from that date.

If we refuse your application, your firm’s temporary permission will come to an end at the end of the day before the date stated in the decision notice we send. (However, your firm may allowed to enter SRO so that it can conduct an orderly exit from the UK market.)

We recognise that some firms may not be able to submit their application before the end of their closing date, or may want to submit their application sooner, or to synchronise their opening or closing dates with other firms in their group.

We’ll be as flexible as we can, but we aren’t obliged to change a firm’s dates and we expect all firms to be organised and prepared.

We will consider requests, but normally these must be received within 20 working days of your firm’s closing date.

We’ll then respond within 10 working days and, if the request is granted in full or in part, we’ll send your firm a new direction which will supersede any earlier direction and set out your revised opening and/or closing date.

We are unable to defer a closing date beyond 31 December 2022. If your firm fails fail to apply during your landing slot, you may have your temporary permissions cancelled.

Please email [email protected] including your:

• UK firm reference number(s)
• full name of the firm(s)
• contact details
• current opening/closing dates
• proposed opening/closing dates
• reason(s) for the request
• confirmation that the person making the request is authorised on behalf of the firm to do so

We may grant the request in full or in part, or refuse it. A grant in part means that we’ve changed a firm’s opening date and/or closing date but not to the date(s) the firm has requested.

We have done this largely by reference to the main type of business firms selected when submitting their notification to enter the TPR.

Where many firms of a particular type have submitted notifications, we have split these firms into sub-groups with different opening/closing dates.

We can also change any firm’s opening or closing date at our discretion, for example to align the dates of a group of firms. If we do this, we’ll give your firm as much notice as we can.