Firms should report to us once a year, within 4 months of your accounting reference date.
This is to ensure we receive regular and comprehensive information about the identities of all of the controllers of your firm, so the threshold conditions can be met. This supports our functions under Part XII of the Financial Services and Markets Act (FSMA).
You can submit one report for a whole group if necessary, containing the information on all firms in the group. Each firm in the group must still be responsible for its own reporting.
If you are a friendly society or building society, you only have to send us this report if you know that you have a controller.