Regulation Overload

Let me apologise now. This is probably the least interesting blog I have ever written for clients. Don’t be fooled by the picture of pretty cygnets.

Frustrating Month

Hopefully from the outside, our business just looks like its nice and relaxed. But like a swan, above the water all looks serene but below the surface every moving part is going like the clappers to keep it there. Such has been the last month or two with for us more to come over the coming months.

Authorised & Regulated by The Financial Conduct Authority

This one line says it all, but let’s dig a bit deeper to see what it means. Authorised is easy to explain. It’s just the first hurdle to jump. Show the FCA you have sufficient capital to wind down a business if it all goes wrong and they will consider your application. Minimum capital is currently €50,000. Continue reading “Regulation Overload”