โ๏ธ ๐๐๐ ๐๐๐๐ต๐ผ๐ฟ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป: ๐๐ผ๐ผ๐ฑ ๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ ๐๐ ๐ฃ๐ถ๐๐ณ๐ฎ๐น๐น๐
The FCA has shared new guidance on what makes a strong application and the mistakes firms should avoid. ๐ฆ๐ฒ๐ฒ ๐ฎ๐น๐น ๐ฑ๐ฒ๐๐ฎ๐ถ๐น๐ ๐ฏ๐ฒ๐น๐ผ๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ฐ๐ฎ๐ฟ๐ผ๐๐๐ฒ๐น โฌ๏ธ
๐ช๐ต๐ฎ๐ ๐๐ต๐ถ๐ ๐บ๐ฒ๐ฎ๐ป๐ ๐ณ๐ผ๐ฟ ๐ณ๐ถ๐ฟ๐บ๐ ๐๐ฒ๐ฒ๐ธ๐ถ๐ป๐ด ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น:
โข Preparation is about showing substance, not just filling forms
โข Tailored policies and realistic financials carry more weight than templates
โข Strong governance and customer focus make applications more resilient
๐๏ธThis guidance shows that firms who embed compliance into their strategy from the start will be best positioned to earn trust and authorisation.
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