Principals and appointed representatives

Learn about our approach to supervising principal firms and their appointed representatives (ARs).
/firms/approved-persons

Approved persons

Some individuals must be approved by us to carry out certain activities for an authorised firm, known as controlled functions.
Learn more about approved persons

Recent publications

CP25/7: FCA regulated fees and levies: rates proposals for 2025/26

Our most recent consultation on regulatory levies and fees.
Read the CP

Principal firms embedding the new rules for effective appointed representative oversight

Our findings on how principals are embedding new rules for overseeing appointed representatives.
Read more

Principal firms who have credit broking permissions

We assessed the key harms and drivers of harm caused by ARs and IARs who undertake credit broking.
Learn more

Quick links