Firm checker tool

You can work out your firm’s type by either using the firms checker tool below or by reading the Guide to the SM&CR for solo-regulated firms.

 

Q1: Is your firm currently exempt from the Approved Persons Regime?

You are not an SM&CR firm.

Q2: Is your firm currently subject to a limited application of the Approved Persons Regime?

You are a Limited Scope SM&CR firm.

Q3: Are you a Significant IFPRU firm?

You are an Enhanced SM&CR firm.

Q4: Are you a CASS Large Firm?

You are an Enhanced SM&CR firm.

Q5: Are you a firm with Assets Under Management of £50 billion or more as a 3 year rolling average?

You are an Enhanced SM&CR firm.

Q6: Are you a firm with total intermediary regulated business revenue of £35million or more per annum, calculated as a 3 year rolling average?

You are an Enhanced SM&CR firm.

Q7: Are you a firm with annual revenue generated by regulated consumer credit lending of £100m or more calculated as a 3 year rolling average?

You are an Enhanced SM&CR firm.

Q8: Are you a mortgage lender or administrator (that isn’t a bank) with 10,000 or more regulated mortgages outstanding?

You are an Enhanced SM&CR firm.

You are a Core SM&CR firm.