Applicatin fr Authrisatin Cnsumer Credit Sle trader appendix ntes Please take time t read these ntes carefully. They will help yu t fill in the Cnsumer Credit Sle Trader appendix frm crrectly. When cmpleting the applicatin frms yu will need t refer t the Handbk: www.fshandbk.inf/fs/html/handbk/ If, after reading these ntes, yu need mre help please: check ur website cnsult the Handbk: www.fshandbk.inf/fs/index.jsp call the Custmer Cntact Centre n 0845 606 9966, r email the Custmer Cntact Centre: firm.queries@fca.rg.uk These ntes, while aiming t help yu, d nt replace the rules and guidance in the Handbk. Terms in these ntes These ntes use the fllwing terms: 'yu' refers the persn(s) signing the frm n behalf f the Applicant 'the Applicant refers t the firm applying fr authrisatin the FCA, we, us r ur refers t the Financial Cnduct Authrity the PRA', refers t the Prudential Regulatin Authrity, and FSMA refers t the Financial Services and Markets Act 2000 Imprtant infrmatin At the pint f authrisatin we expect the Applicant t be ready, willing and able t start business. FCA/PRA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014 page 1
(NOTES) Individual Details Individual Details Details f the individual Title, first names and last name Persnal identificatin details Cmmnly used first names and last name If the candidate is cmmnly knwn by a different name ther than that which appears n their passprt r natinal insurance card then put this name here. This may include, fr example, a shrtened versin f their full name r where they are knwn by a middle name r names given as a result f naming cnventins whether fr religius r ther reasns. If the candidate has mre than ne alternative name, please give all ther names knwn by in the Supprting Dcuments sectin. Date f birth Natinal Insurance number Passprt number If the candidate has mre than ne passprt number, please prvide details in the Supprting Dcuments sectins as t all passprt numbers held and the reasns fr this. Natinality If the candidate has mre than ne natinality, please prvide details in the Supprting Dcuments sectin as t all natinalities held and the reasns fr this. Place f birth Previus names If the candidate has changed their name (surname r frenames), fr example due t marriage, then please enter this previus name. If the candidate has mre than ne previus name, please prvide all details here. FCA/PRA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014 page 2
(NOTES) Individual Details Current private address Please prvide at least three years f address histry. A full three-year histry fr all United Kingdm addresses must be given fr the candidate. If any gaps are as a result f the candidate being resident utside the UK, please state this and give details f where the candidate resided during this perid. The system will nt allw this questin t be validated until a full three-year histry has been prvided. Directrships Has the candidate held any directrships in the last 10 years? If yes, yu will be asked t prvide name f undertaking, nature f business, cuntry f incrpratin, is the directrship current? FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 3
(NOTES) Emplyment Histry Emplyment histry What is the candidate s current emplyment status? If yu answer unemplyed r in full-time educatin then yu will be asked the fllwing: Perid: Frm Please prvide details f the previus emplyment histry If yu answer emplyed r self-emplyed yu will be asked: Perid: Frm Name f emplyer Nature f business Has this emplyer previusly been knwn by a different name? if yes yu will be asked fr Previus / ther name f emplyer Last knwn address f emplyer Is/Was the emplyer regulated by a regulatry bdy? If yes, yu will be asked fr Name f regulatry bdy Is/Was the emplyer an Appinted Representative? If yes, yu will be asked fr: Of which principal firm? Psitin held Respnsibilities A full five-year emplyment histry fr the candidate must be prvided including the current emplyment at the time f applicatin, with all gaps explained. If the recrd f emplyment des nt g back five years, all perids f educatin and unemplyment must be indicated. Full details f any perids f self-emplyment must be included. Always give the address f the actual place f emplyment, rather than a central head ffice. State the psitin held by the candidate and a brief explanatin f his r her duties. If the candidate s jb title included the wrd directr but his r her duties did nt include thse assciated with the title f directr, as defined in the Glssary, this shuld be indicated. FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 4
Fitness and prpriety If any disclsures are made in the fitness and prpriety sectin f the applicatin t perfrm a cntrlled functin, full details shuld be prvided in supprt f the applicatin. This includes disclsures abut any previus disciplinary investigatin by previus regulatrs r emplyers invlving the candidate. We take nn-disclsure seriusly, especially where there is an apparent attempt t mislead. Nn-disclsure will add t the seriusness f the undisclsed issue. If ur vetting checks reveal any matters that have nt been disclsed, then applicatins will be subject t investigatin and the candidate s suitability t be apprved will be called int questin. A persn wh knwingly r recklessly prvides infrmatin t the FCA that is false r misleading may cmmit a criminal ffence, and culd face prsecutin under sectin 398 f the Act regardless f the status f their applicatin. Yu shuld als be aware that, while advice may be sught frm a third party (e.g. legal advice), respnsibility fr the accuracy f infrmatin, as well as the disclsure f relevant infrmatin, n the frm is ultimately the respnsibility f the firm and the candidate. Answer the questin by ticking the relevant yes r n bx. If the answer t any f the questins is yes, yu will be prmpted t prvide mre details. Terms used: Criminal prceedings includes any prceedings frm the pint at which an individual r a firm is charged with a criminal ffence t the pint at which sentence is given. Cnvictin includes any abslute r cnditinal discharge rders made against the persn cncerned. Judgement debt a curt judgment r rder requiring a payment f mney t be made by the Individual r by a firm at which the Individual previusly held a psitin f significant influence. Authrisatin includes any authrisatin, licence, registratin, apprval, ntificatin, membership r relevant permissin required t carry n any activity. This need nt be an activity regulated by the FCA but applies t all activities requiring sme kind f authrisatin. Psitin f influence includes acting as a cntrller, directr, senir manager, managing member, designated member, partner cmpany secretary, r therwise perfrming a rle f similar influence r respnsibility. Regulated activities includes nt nly activities regulated by the FCA under FSMA, but als the Payment Services Regulatins 2009 and Electrnic FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 5
Mney Regulatins 2011. It als includes activities regulated by ther regulatry bdies (see definitin f regulatry bdy belw). Regulatry bdy Fr the purpses f this frm, a regulatry bdy includes but is nt limited t the fllwing: a self-regulatry rganisatin including Investment Management Regulatry Organisatin (IMRO), Securities and Futures Agency (SFA), Persnal Investment Authrity (PIA), Life Assurance and Unit Trust Regulatry Organisatin (LAUTRO), Financial Intermediaries, Managers and Brkers Regulatry Assciatin (FIMBRA), Assciatin f Futures Brkers and Dealers Limited (AFBD), The Securities Assciatin Limited (TSA) a statutry bdy, including the Financial Cnduct Authrity (FCA), Prudential Regulatin Authrity (PRA), Financial Services Authrity (FSA), Office f Fair Trading (OFT), Securities and Investments Bard (SIB), the Sciety f Llyd's, the Registry f Friendly Scieties, the Friendly Scieties Cmmissin, the Building Scieties Cmmissin, the Bank f England, HMRC, the Treasury Insurance Directrate (frmerly the DTI) and the recgnised bdies the Serius Organised Crimes Agency (SOCA) r the Serius Fraud Organisatin (SFO) r any plice bdy a designated prfessinal bdy (a prfessinal bdy designated by the Treasury under sectin 326A f the Financial Services and Markets Act 2000); r the equivalent f any f these regulatry bdies verseas It is fr senir management t decide what checks shuld be made. Under the Rehabilitatin f Offenders Act 1974 (Exceptins) Order 1975 (the Order)(see Articles 3 and 4 f the Order) the FCA and/r PRA and the firm have a right t ask abut spent, as well as unspent, criminal cnvictins fr emplyment purpses abut candidates fr apprved persn status. Cautins are nt within the ambit f the Rehabilitatin f Offenders Act 1974. Hence cautins never becme spent and if asked, a candidate must infrm a ptential emplyer and the FCA and/r PRA whether he/she has received a cautin. Criminal prceedings 1.1.1 a) Have yu ever been cnvicted f any criminal ffence (whether spent r nt and whether r nt in the United Kingdm): Invlving fraud, theft, false accunting, ffences, against the administratin f public justice (such as perjury, perverting the curse f justice and intimidating f witnesses r jurrs), serius tax ffences r ther dishnesty, r Relating t cmpanies, building scieties, industrial and prvident scieties, credit unins, friendly scieties, insurance, banking r ther financial services, inslvency, cnsumer FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 6
credit r cnsumer prtectin, mney laundering, market manipulatins r insider dealing? This questin requires disclsure f any criminal cnvictins, whether spent r unspent (ther than prtected cnvictins which need nt be disclsed when the law in England & Wales applies). These cnvictins shuld be disclsed, even if the cnvictin was verseas. As stated in the frm, yu shuld include any cnvictin f an ffence fr which the individual received an abslute r cnditinal discharge. Hwever, nly include traffic ffences if they resulted in a ban frm driving r invlved driving withut insurance. 1.1.1 b) Are yu currently, r have yu ever been, the subject f any criminal prceeding, whether in the UK r elsewhere? N additinal ntes 1.1.1 c) Have yu ever been given a cautin in relatin t any criminal ffence? This questin requires disclsure f any cautins in relatin t any criminal ffence, whenever they tk place. Please nte the fllwing: prtected cautins subject t the law f England & Wales d nt need t be disclsed spent alternatives t prsecutin subject t the law f Sctland d nt need t be disclsed, and spent cnvictins subject t the law f NI shuld be disclsed 1.1.2 Have yu had any cnvictins fr any ffences ther than thse in 1.1.1 abve (excluding traffic ffences that did nt invlve driving withut insurance)? 1.1.3 Have yu ever been arrested r charged with any criminal ffence r been the subject f any criminal investigatin? (Yu shuld include all matters even if the arrest, charge r investigatin did nt result in a cnvictin.) This questin is brad in scpe and requires disclsure f any criminal investigatins relating t any type f criminal ffence, any criminal prceedings whenever they tk place and even if they did nt result in a cnvictin. It als requires disclsure f any ccasins when the individual has been the subject f a search rder r required t prduce dcuments. 1.1.4 Have yu ever been rdered t prduce dcuments pursuant t any criminal investigatin r been the subject f a search (with r withut a warrant pursuant t any criminal investigatin? This questin is brad in scpe and requires disclsure f any criminal investigatins relating t any type f criminal ffence, any criminal prceedings whenever they tk place and even if they did nt result in a cnvictin. It als requires disclsure f any ccasins when the individual has been the subject f a search rder r required t prduce dcuments. 1.1.5 Has any firm at which yu hld r have held a psitin f influence ever: a) Been cnvicted f any criminal ffence? b) Been summnsed, charged with r therwise investigated r prsecuted fr any criminal ffence? FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 7
c) Been the subject f any criminal prceeding which has nt resulted in a cnvictin? d) Been rdered t prduce dcuments in relatin t any criminal investigatin r been the subject f a search (with r withut a warrant) in a relatin t any criminal investigatin? Please see the ntes at the beginning f this sectin fr the meaning f psitin f influence in the cntext f the questins in this frm. Yu shuld include all matters arising during the individual s assciatin with that firm and fr a perid f ne year after the individuals ceased t be assciated with the firm. (Yu shuld include all matters even where the charge, prsecutin r investigatin has nt resulted in a cnvictin and, in respect f 1.1.5d, even where the firm itself was nt the subject f the investigatin). Civil prceedings 1.2.1 Have yu ever been the subject f a judgment debt r award against yu? This requires disclsure f any types f civil rders made against the individual which have resulted in an rder being made by the curt fr the individual t make a payment f mney. This includes cunty curt judgments and ther judgment debts; any such rders shuld be included even where the individual has paid the mney and satisfied the rder. A cunty curt judgment is an rder issued by a cunty curt saying a persn must pay a sum f mney. 1.2.2 Have yu ever been party t any civil prceedings which resulted in any rder against yu (ther than a judgment debt r award referred t at 1.2.1 abve)? (Yu shuld include, fr example, injunctins and emplyment tribunal prceedings.) This questin asks whether the ndividual has ever been a party t any ther kind f civil dispute which did nt result in the Individual being required t make a payment f mney. This culd include, fr example, an injunctin r an award in emplyment tribunal prceedings. 1.2.3 Are yu aware f: a) Any prceedings that have begun, r anyne's intentin t begin prceedings against yu, fr a CCJ r ther judgment debt? b) Mre than ne set f prceedings, r anyne's intentin t begin mre than ne set f prceedings, that may lead t a CCJ r ther judgment debt? c) Anybdy's intentin t claim mre than 1,000 f CCJs r judgment debts in ttal frm yu? This questin requires disclsure f any civil prceedings that are nging (i.e. have been cmmenced but nt yet cncluded r have nt yet resulted in a judgment debt r cunty curt judgment) r are abut t begin that the individual is aware f. FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 8
1.2.4 D yu have any current judgment debts (including CCJs) made under a curt rder still utstanding, whether in full r in part? 1.2.5 Have yu ever failed t satisfy any judgment debts (including CCJs) made under a curt rder still utstanding, whether in full r part, within ne year f the rder being made? 1.2.6 Have yu ever: a) Filed fr yur wn bankruptcy r had a bankruptcy petitin served n yu? This questin cvers all circumstances in which anyne started bankruptcy prceedings (r, in Sctland, called sequestratin f the individual s estate) in relatin t the individual. it als includes circumstances where the individual him/herself began such prceedings. b) Been adjudged bankrupt? This questin cvers all circumstances in which anyne started bankruptcy prceedings (r, in Sctland, called sequestratin f the individual s estate) in relatin t the individual. it als includes circumstances where the individual him/herself began such prceedings. c) Been the subject f a bankruptcy restrictins rder (including an interim bankruptcy restrictins rder) r ffered a bankruptcy restrictins undertaking? This questin cvers all circumstances in which anyne started bankruptcy prceedings (r, in Sctland, called sequestratin f the individual s estate) in relatin t the Individual. It als includes circumstances where the individual him/herself began such prceedings. d) Made any arrangements with yur creditrs, fr example a deed f arrangement r an individual vluntary arrangement (r in Sctland a trust deed)? This requires disclsure f any vluntary agreement which the individual has already entered int at any time with anyne t whm he/she wes mney abut the payment f a debt. This includes infrmal arrangements with creditrs and the receipt f debt cnslidatin services. This culd include where alternative mrtgage arrangements have been made and als mre frmal arrangements such as an individual vluntary arrangement, whether r nt these arrangements were entered int after advice frm a debt management adviser. e) Had assets sequestrated? N additinal ntes f) Been invlved in any prceedings relating t the abve matters even if such prceedings did nt result in the making f any kind f rder against yu r result in any kind f agreement with yu? It is irrelevant whether r nt any f the matters in 1.2.6 a-e actually resulted in the making f an rder, they must still be disclsed. 1.2.7 D yu, r any undertaking under yur management, have any utstanding financial bligatins arising frm regulated activities, which have been carried ut in the past? (whether r nt in the UK r verseas)? This requires disclsure f any ther histrical financial matters which might impact upn the current financial circumstances f the individual. Fr FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 9
example, claims fr clawback being made by a frmer emplyer shuld be disclsed here. 1.2.8 Have yu ever been adjudged by a curt r tribunal (whether criminal, civil r administrative) fr any fraud, misfeasance, negligence, wrngful trading r ther miscnduct? 1.2.9 Are yu currently: a) Party t any civil prceedings? (Including thse cvered in 1.2.7) b) Aware f anybdy's intentin t begin civil prceedings against yu? (Yu shuld include any nging disputes whether r nt such dispute is likely t result in any rder against yu.) 1.2.10 Has any firm at which yu hld r have held a psitin f influence ever been: a) Adjudged by a curt civilly liable fr any fraud, misfeasance, wrngful trading r ther miscnduct? b) The subject f a judgment debt r award against the firm? (Yu shuld include all CCJs) made against the firm, whether satisfied r nt. c) Party t any ther civil prceedings which resulted in an rder against the firm ther than in relatin t matters cvered in 1.2.10 a) and 1.2.10 b) abve? 1.2.11 Is any firm at which yu currently hld r have held, within the last 12 mnths frm the date f submissin f this frm, a psitin f influence currently: a) a party t civil prceedings? b) Aware f anyne's intentin t begin civil prceedings against them? 1.2.12 Has any cmpany, partnership, r unincrprated assciatin f which yu are r have been a cntrller, directr, senir manager, partner r cmpany secretary, in the United Kingdm r elsewhere, at any time during yur invlvement, r within ne year f such an invlvement, been put int liquidatin, wund up, ceased trading, had a receiver r administratr appinted r entered int any vluntary arrangement with its creditrs? Business and emplyment matters These questins relate t rles the individual has previusly perfrmed, whether that rle was related t the prvisin f a regulated activity r nt. it shuld als be nted that these questins are nt limited t nly thse previus rles listed in emplyment histry sectin f this frm but t FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 10
matters whenever they ccurred at any time. Relevant disclsures are expected, even if the individual was nt actually in receipt f a salary. 1.3.1 Have yu ever been: a) Disqualified frm acting as a directr r similar psitin (One where the candidate acts in a management capacity r cnducts the affairs f any cmpany, partnership r unincrprated assciatin.)? b) The subject f any prceedings f a disciplinary nature (whether r nt the prceedings resulted in any finding against yu)? This questin includes where the prceedings r internal investigatins by a current r a previus emplyer have yet t be cncluded. c) The subject f any investigatin which has led r might lead t disciplinary prceedings? This questin includes where the prceedings r internal investigatins by a current r a previus emplyer have yet t be cncluded. d) Ntified f any ptential prceedings f a disciplinary nature against yu? N additinal ntes e) The subject f an investigatin int allegatins f miscnduct r malpractice in cnnectin with any business activity? Nte that, full details must be prvided if there were any issues that culd affect the fitness and prpriety f the individual that arse when leaving an emplyer listed in the Emplyment Histry sectin. 1.3.2 Have yu ever been refused entry t, r been dismissed, suspended r requested t resign frm, any prfessin, vcatin, ffice r emplyment r frm any fiduciary ffice r psitin f trust whether r nt remunerated? 1.3.3 D yu have any material written cmplaints made against yu by yur clients r frmer clients in the last five years which yu have accepted, r which are awaiting determinatin, r have been upheld - by an mbudsman r cmplaints scheme? Regulatry matters Please see ntes n page 6 fr a meaning f regulatry bdy and authrisatin. These questins are nt limited t activities regulated by the FCA and are nt limited t investigatins by r matters invlving a regulatry r industry bdy. Where there is a reference t a regulatry bdy in the questin, this shuld be interpreted widely and answers shuld include, fr example, activities supervised by verseas financial regulatrs r ther types f regulatrs such as gvernment r statutry bdies, whether in the UK r verseas. If in dubt as t whether smething shuld be included in this sectin, the infrmatin shuld be disclsed. FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 11
1.4.1 a) In relatin t activities regulated by the FCA and/r PRA r any ther regulatry bdy (see nte n sectin 5), has: The candidate, r Any cmpany, partnership r unincrprated assciate f which the candidate is r has been a cntrller, directr, senir manager, partner r cmpany secretary, during the candidate's assciatin with the entity and fr a perid f three years after the candidate ceased t be assciated with it, ever: a) Been refused, had revked, restricted, been suspended frm r terminated, any licence, authrisatin, registratin, ntificatin, membership r any ther permissin granted by any such bdy? b) Been criticised, censured, disciplined, suspended, expelled, fined, r been the subject f any ther disciplinary r interventinal actin by any such bdy? c) Received a warning (whether public r private) that such disciplined, suspended, expelled, fined, r been the subject f any ther disciplinary r interventinal actin by any such bdy? d) Been the subject f an investigatin by any regulatry bdy, whether r nt such an investigatin resulted in a finding against yu r the firm? This includes any type f investigatin f which the Individual has ever been r is currently the subject (ther than a criminal investigatin which is dealt with in earlier questins). Be aware that the individual will wish t cnsider whether they have ever been (r are presently) the subject f any kind f civil investigatin. It culd als include an investigatin by a frmer UK regulatry bdy r an investigatin by the FCA. e) Been required r requested t prduce dcuments r any ther infrmatin t any regulatry bdy in cnnectin with such an investigatin (whether against the firm r therwise)? f) Been investigated r been invlved in an investigatin by an inspectr appinted under cmpanies r any ther legislatin, r required t prduce dcuments t the secretary f state, r any ther authrity, under any such legislatin? g) Ceased perating r resigned whilst under investigatin by any such bdy r been required t cease perating r resign by any regulatry bdy? h) Decided, after making an applicatin fr any licence, authrisatin, registratin, ntificatin, membership r any permissin granted by any such bdy, nt t prceed with it? i) Been the subject f any civil actin relatin t any regulated activity which has resulted in a finding by a curt? FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 12
j) Prvided payment services r distributed r redeemed e-mney n behalf f a regulated firm r itself under any cntractual agreement where that agreement was terminated by the regulated firm? k) Been cnvicted f any criminal ffence, censured, disciplined, r publicly criticised, by any inquiry, by the Takever Panel r any gvernmental r statutry authrity r any ther regulatry bdy (ther than as indicated in this grup f questins) 1.4.2 In relatin t activities regulated by the FCA/PRA r any ther regulatry bdy, have yu r any firm at which yu hld r have held a psitin f influence at any time during and within ne year f yur assciatin with the firm ever: a) Been fund t have carried n activities fr which authrisatin r registratin by the FCA/PRA r any ther regulatry bdy is required withut the requisite authrisatin? b) Been investigated fr the pssible carrying n f activities requiring authrisatin r registratin by the FCA/PRA r any ther regulatry bdy withut the requisite authrisatin whether r nt such investigatin resulted in a finding against the firm? c) Been fund t have perfrmed a cntrlled functin (r an equivalent functin requiring apprval by the FCA/PRA r any ther regulatry bdy) withut the requisite apprval? d) Been investigated fr the pssible perfrmance f a cntrlled functin (r an equivalent functin requiring apprval by the FCA/PRA r any ther regulatry bdy) withut the requisite apprval, whether r nt such investigatin resulted in a finding against yu? e) Been fund t have failed t cmply with an bligatin under the Electrnic Mney Regulatins 2011 r Payment Services Regulatins 2009 t ntify the FCA/PRA f the identity f a persn acting in a psitin f influence ver its electrnic mney r payment services business? f) Been the subject f disqualificatin directin under sectin 59 f the Financial Services Act 1986 r a prhibitin rder under sectin 56 FSMA, r received a warning ntice prpsing that such a directin r rder be made, r received a private warning? These questins relate t the perfrmance f activities by firms r individuals withut the apprpriate licence r apprval etc. These questins require the PSD individual r applicant firm t carefully cnsider what matters might be relevant and, where necessary, t find ut the necessary infrmatin befre submitting the frm. Other matters 1.5.1 Are yu, in the rle t which the applicatin relates, aware f any business interests, emplyment bligatins, r any ther circumstance which may cnflict with the perfrmance f the cntrlled functins fr which apprval is nw being sught/ in the FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 13
respect f yur cntrl f the firm / with yur rle as cntrller f the applicant firm r yur psitin at the cntrller? 1.5.2 Are yu aware f any ther infrmatin relevant t this ntificatin that we might reasnably expect yu t give? FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 14
(NOTES) Supprting Dcuments Supprting dcuments Dcuments Please include any ther dcuments yu want t prvide This sectin prvides the pprtunity fr any additinal dcuments t be included. Fr mre infrmatin n the factrs which the FCA and/r PRA may take int accunt when cnsidering applicatin, please refer t FIT in the Handbk. Other infrmatin If there is anything else the applicant wuld like t tell us abut this applicatin, please give details belw. This sectin prvides the pprtunity fr any additinal infrmatin t be included. Fr mre infrmatin n the factrs which the FCA and/r PRA may take int accunt when cnsidering applicatin, please refer t FIT in the Handbk. FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 15
(NOTES) Individual Declaratin Individual declaratin Declaratin and signatures It is a criminal ffence under sectin 398 f the Financial Services and Markets Act 2000 t knwingly r recklessly prvide the FCA and/r PRA with false r misleading infrmatin. This sectin must be cmpleted by the sle trader respnsible fr making the applicatin. The signature bxes are fr yu t use when yu print ut the applicatin fr yur recrds. A permanent cpy f the applicatin shuld be signed by the individual and the applicant and be retained fr an apprpriate perid f time, fr inspectin at the FCA s/pra s request. FCA Applicatin fr Authrisatin Sle Trader Appendix ntes Release 1 April 2014page 16