| Guvnor

Enforced by: FCA, PRA
Status: Amended (in force with amendments)
Penalty ceiling: Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Director or Officer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Director or Officer — also bound by 482 other Acts

Insolvency (England and Wales) Rules 2016 162 duties

Companies Act 2006 126 duties

Insolvency Act 1986 77 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 68 duties

Building Societies Act 1986 32 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.003 Requirements applying to contracts between authorised persons and appointed representatives Regulated

Ensure appointed representative contracts contain required clausesDirector or Officer

4 other provisions — procedural and definitional

s.001 Citation, commencement and interpretation

s.002 Descriptions of business for which appointed representatives are exempt

s.004 Transitional provision in relation to contracts

s.005 Credit related activities: prescribed businesses etc.

Help complying

Guvnor’s practical routes through this instrument.

Get FCA authorised

Check whether you need permission, choose your route, build the firm the FCA will assess, gather your application documents and submit through …

Quick FCA authorisation perimeter check

A 10-minute perimeter check for founders unsure whether their proposition is a regulated activity. Routes you to the perimeter explainer, the appointed …

1 more guide that reference this instrument

Choose between appointed representative status and FCA authorisation

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.