Financial intermediaries — the firms that distribute, advise, deal, manage and administer — almost all need FCA authorisation, and every authorised firm shares a core of conduct duties before its own rulebook starts. This path takes you through it in order: work out which rules apply to what you do, put the shared regulated-firm duties in place, then follow the rules for your activity, and finish by checking you have covered everything.
Step 3 — Follow the rules for what you do
Now work through the guide for your activity. If you carry on more than one, follow each relevant guide.