Apply to approve a firm

On 27 May 2022 we'll be introducing a Category 1 fee for standalone Long Form A's. There will be no charge for a Short Form A or a Long Form A if you are submitting it with a New Authorisation, Variation of Permission or a Notification for registration of an Appointed Representative. Details can be found in FEES 3 Annex 15. Please refer to our Handbook Notice for further details.

Any draft applications created before 27 May 2022 will incur the new changes.

Firms can become an approved person if they are a corporation (eg LLP, Limited Company, PLC) that acts as either a director or partner within the governance structure of a firm.

Your firm must complete and submit a paper Form A (see Annex 4 in Section 10A of the Handbook), as this cannot be applied for using Connect. You should include:

  • a Section 5 (fitness and propriety) for 2 senior individuals responsible for running the corporation. You should send a separate Section 5 for each individual, and the details (full names, dates of birth and addresses) of these 2 individuals must be entered in Section 6 of Form A
  • the names of all directors or partners of the corporation
  • the place and date of incorporation
  • voting rights
  • copies of the Partnership Agreement if the corporation is a partnership
  • details of the governance and interaction the corporation has with your firm

Application fee

There is no application fee for approved persons.