FCA has a new page on its website for secondary credit brokers, on which it sets out what it expects from applicants, including the difference between limited permission and full permission firms. The page links to separate sections on the website that give guidance for primary credit brokers, motor dealers, vets and dentists, and gyms and golf clubs. FCA says it has updated its resources as it is aware several firms have full permissions when in fact they could fall under the limited permission regime. The page gives examples of what permissions firms will need for a range of activities.
