How long does it take to become FCA authorised?
It takes approximately 6-12 months to become FCA authorised. The timeframe depends on how quickly the main FCA application forms and supporting documents (including business plan and financial projections) are collated and how long it takes for an FCA case officer to be assigned.
Thereafter, the time scale will depend on the number of queries raised by the FCA in relation to a firm’s application. Some firms have been approved sooner. It helps to prepare a complete file from the outset.
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