Brooklands provides regulatory hosting under the Appointed Representative Regime.
Our FCA authorised and regulated manager enables you to perform regulated activities in accordance with FCA rules and regulations but without the burden of obtaining your own regulatory licence.
Brooklands assumes your regulatory risks and liabilities enabling you to focus on delivering your core services to your clients.
As an Appointed Representative, your firm and its individuals can leverage from the Brooklands Compliance Infrastructure including the Compliance Manual, Policies and Procedures, Compliance Professionals and a dedicated Compliance Portal.
The Appointed Representative Regime reduces the barriers to entry both in terms of time scale to authorisation and costs.
Overview Appointed Representative Regime
UK entities must hold regulatory authorisation from the FCA in order to conduct regulated activities.
Authorisation can be obtained by holding an independent FCA licence as an authorised regulated firm or by becoming an Appointed Representative of an FCA regulated Principal.
The Principal “sponsors” the Appointed Representative to perform regulated activities under their FCA Licence.
The Appointed Representative falls underneath the regulatory umbrella of its Principal leveraging from their Compliance infrastructure.
Appointed Representatives are not subject to the same requirements as independently authorised firms and are not directly responsible to the FCA.
Individuals acting on behalf of an Appointed Representative are directly responsible to the FCA.