Skip to main content

The Financial Conduct Authority has recently released a Policy Statement (“PS”) confirming its new structure for authorisation application fees which comes into effect from 24 January 2022.

With respect to the increase of the application fees, the FCA has argued that most of its application fees have not changed for almost 20 years and that inflation has eroded their value, leaving FCA authorised firms paying an increasing proportion of their processing costs for authorisation applications through their periodic fees.

The PS follows the regulator’s consultation in November 2020 which identified a confusing application fee structure with more than 80 separate charges for FCA applications. These charges have now been condensed into 10 simple pricing categories, as follows:

Category Charge (£)
1 250
2 500
3 1,000
4 2,500
5 5,000
6 10,000
7 25,000
8 50,000
9 100,000
10 200,000

For UK investment firms (e.g.: asset manager, investment adviser and brokers), these are some FCA fee changes by way of exemplification:

  • Variation of Permission (‘VoP’) application within the same fee block has increased from £250 to £500 (Category 2); and
  • Part 4A Permission / FCA authorisation application for portfolio managers has increased from £5,000 to £10,000 (Category 6).

All fees are payable electronically when submitting the applications via the FCA’s portal system CONNECT.

In addition, the FCA is looking into introducing a new charge of £250 for each approved persons application to hold (i) senior management functions under the Senior Managers and Certification Regime and (ii) controlled functions for appointed representatives under the Approved Persons Regime. It is envisaged that this new charge will be introduced once CONNECT has been updated to provide the functionality to charge the fee for these applications.


All courses are accessible on our bespoke web or app platforms immediately upon purchase.



All courses are delivered through fully-automated, interactive online visual solutions.



Courses cost from as little as £20 per Learner per Course, or £6 per Learner on Subscription.



A certificate is issued on successful completion of all courses for compliance-filing and all UK courses are CPD-certified.



All courses include regular ‘Check Your Knowledge’ sections throughout and an end-of-course Quiz.



Courses take from 30 to 90 minutes to complete and can be viewed and completed in multiple sittings.


Purchasing, Onboarding & Volume Discounts

You can purchase any combination of our broad range of e-Learning courses and onboard multiple users in your Firm, in just four quick and easy online steps:

  1. Select the courses and add them to your Basket
  2. Checkout and purchase your course(s)
  3. Sign In and Register your relevant employees/Users
  4. Allocate all your registered employees/Users to their course(s)

We’ll help you connect the dots with clear prompts and assistance throughout this quick and easy four-step process, which includes applying automated Volume Discounts depending on the number of courses you purchase, as follows:

Number of courses Volume Discount
10 – 24 Courses 2.5% Discount
25 – 49 Courses 5% Discount
50 – 99 Courses 7.5% Discount
100 – 149 Courses 10% Discount
150 – 199 Courses 12.5% Discount
200 – 249 Courses 15% Discount
250 – 299 Courses 17.5% Discount
>300 Courses 20% Discount

You will receive an enrolment email for each Course you sign Users up to.

Once registered and enrolled onto their course(s), your employees/Users will each receive a welcome email inclusive of their login credentials/instructions together with a separate enrolment confirmation for each of their courses.

All Clients have access to a centralised User Dashboard with Live Reporting on the progress of all your enrolled employees/Users and from where you can download all your employees/Users Course Certificates once they have successfully completed their courses. This is clearly explained in our Power User Guide, downloadable from your Account.