At Thornbridge we offer a regulatory hosting solution which allows companies and individuals to carry out regulated activities without being directly authorised by the FCA. Firms become an appointed representative under our regulatory umbrella but retain their own identity and strategy with the added benefit of using our FCA licence, compliance knowledge, systems and procedures.
Why choose a regulatory host?
Understanding regulatory responsibilities can be tricky and complying with all the requirements arduous. At Thornbridge we seek to ease such burdens by offering a suite of services that makes access to regulated activities simple and cost effective. As an appointed representative you outsource the difficult and complex tasks to the experts at Thornbridge, leaving you free to concentrate on your mainstream business. In using the FCA licence of a company specialising in regulatory hosting, you can benefit from:
- Swift, efficient and cost-effective set-up
- Speed to market – the ability to carry out FCA regulated activities within four to six weeks
- Use of pre-existing and FCA approved policies and procedures for governance and compliance supported by a manual and a monitoring plan provided by the host firm
- Significantly lower ongoing compliance costs compared to full authorisation
- No regulatory capital requirements
- No requirement for fully audited accounts
Requirements of direct FCA authorisation
The Part IV application process to become a firm directly authorised by the FCA can take between six and twelve months. Your firm would need to put up regulatory capital, have a regulatory business plan, sufficient investment staff, appoint a compliance officer and a money laundering reporting officer and set up your own offices.
We are focused on providing your firm with the best regulatory hosting solution on the market. Our mission is to keep your firm compliant as well as help you build a successful venture. Our boutique culture offers real expertise alongside a can-do approach and the solutions we provide are bespoke, flexible and cost effective. Our people are knowledgeable and have decades of financial services experience.
What we do
Thornbridge allows its regulatory permissions to be used by your firm to enable you to carry out investment business whilst retaining your own identity, ownership and control. Your firm will become an appointed representative of Thornbridge which acts as the host or principal firm. Thornbridge in turn offers your firm regulatory and compliance solutions that help reduce the administrative and cost burdens.
Summary of permissions
Please go to the permissions section on the Thornbridge page of the FCA register: