FCA Consumer Credit authorisation
Build a credible, regulator-ready FCA application.
For consumer credit firms, well-prepared applications are more likely to progress efficiently and avoid unnecessary FCA challenge during assessment.
Don’t let incomplete applications cause delays. Our practical checklist helps consumer credit firms assess readiness, strengthen governance, and build regulator-ready applications.
Assess your readiness against FCA expectations.
Understand how the FCA assesses consumer credit applications in practice. Inside our free authorisation checklist, you will discover:
Regulatory permissions and scope
Identify which activities require full or limited permissions under FSMA and the Regulated Activities Order, and ensure alignment with your business model.
Governance and SMF readiness
Confirm Senior Management Function holders are appropriately allocated and can demonstrate fitness, propriety and clear accountability.
Financial viability
Demonstrate adequate capital, liquidity and credible financial forecasts to support ongoing operations.
Compliance framework
Establish systems and controls aligned with FCA Principles, Consumer Duty and financial crime requirements.
Application quality
Demonstrates that the firm is ready, willing and organised, with evidence of how governance and controls operate in practice.
Ongoing obligations
Prepare for ongoing regulatory reporting, complaints handling and compliance monitoring requirements.
Wind-down planning
Develop a credible wind-down plan showing how regulated activities could cease without causing customer harm.
Common application mistakes
Understand the common causes of delay, including weak governance articulation, inconsistent applications and insufficient supporting evidence.
Ready to assess and strengthen your FCA Consumer Credit authorisation readiness?
fscom's Compliance Maturity Specialists™ help support firms in building the evidence, governance and control frameworks the FCA expects to see in practice.
What services does fscom provide for consumer credit firms?
We provide end-to-end FCA authorisation support for consumer credit firms, including regulatory permissions scoping, governance and SMF readiness, financial resilience planning, compliance frameworks, application preparation, and ongoing regulatory obligations support.
How does fscom help reduce application delays?
Our team of former regulators and compliance specialists ensures applications are complete, evidence-based, and regulator-ready from submission, reducing repeated RFIs and extended reviews that cause delays.
Do you customise solutions for different business models?
Yes, we tailor authorisation strategies to your specific lending, broking, or debt administration model, addressing exemptions, limited permissions, and cross-border considerations.
Can you track the performance of compliance programmes?
Absolutely. We establish independent compliance monitoring processes, board MI frameworks, and periodic audit reviews to track performance against FCA Principles and Consumer Duty expectations.
What sets fscom apart from other compliance consultants?
Our team comprises former FCA regulators and senior compliance practitioners who bring regulator perspective, practical industry experience, and the Evolve Framework for measurable compliance maturity.
How do I request a consultation or quote?
Simply contact us through our website or call +44 (0) 28 9042 5451. We'll arrange a consultation to assess your authorisation readiness and provide a tailored proposal.
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Ready to assess and strengthen your FCA Consumer Credit authorisation application?
Once you have assessed your readiness with the checklist, discover how fscom's Compliance Maturity Specialists can help you build robust supporting evidence, address common causes of delay, and submit a clear, regulator-ready application.
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About fscom
fscom Compliance Maturity SpecialistsTM provide regulatory compliance solutions to financial services firms across the UK and Europe. With expertise in payments, asset management, capital markets, banking and crypto, fscom helps firms benchmark compliance against regulatory requirements and industry peers, giving them a clear understanding of where they stand and helping them get to where they need to be.
Our mission is to help firms raise compliance standards so, together, we can protect people, prevent financial crime and create a safer society.