What is an Appointed Representative?
An Appointed Representative, often called an ‘AR’, is a firm that is able to conduct regulated activities, such as marketing financial promotions, arranging and advising on investments, etc. The AR acts as an agent for an FCA directly authorised firm, known as the AR’s ‘principal’.
What does it mean to become an Appointed Representative of Met Facilities?
When your firm becomes an Appointed Representative of Met Facilities it will have the ability to undertake regulated activities. Also, as one of our ARs, Met Facilities will take responsibility for your firm’s compliance and regulatory reporting. The Met Facilities’ FCA permissions available to you cover a large majority of regulated activities. Get in touch to find out how we can help.
Some of our existing Appointed Representatives businesses include:
- Corporate Finance Advisory
- Crypto Currency Futures (Blockchain)
- Emerging Markets Debt (Asset Management)
- Investment Advisory
- Managed Futures and Options
- Private Equity
How long does it take to become an Appointed Representative?
Becoming an Appointed Representative of Met Facilities can be accomplished in 5 to 6 weeks. An application to become directly authorised can take in excess of 6 months, and is heavily frontloaded in costs.
The Appointed Representative route, in addition to being the quickest route to permissions, also creates a tangible track record for your firm that will make your eventual direct authorisation much more manageable.
What are the first steps into becoming an appointed representative of Met Facilities?
Met Facilities has experienced people to answer your questions, and give you and your firm the proper guidance that it requires.
The best way to answer all of your questions is to give us a call on +44 (0) 207 604 5777 or drop us an email, firstname.lastname@example.org.
Please visit our microsite at www.metfacilities.com to find out more.
Met Facilities LLP is authorised and regulated by the Financial Conduct Authority (FRN 587084)