An Appointed Representative can act in the same way as a directly authorised business: advising customers, completing finance proposals, advertising finance and receiving commission. As an Appointed Representative of Product Partnerships for consumer credit activities, you can still choose your finance provider, subject to our due diligence checks, and the firm being correctly authorised and complying with all FCA regulations.
However, you still have to ensure treating customers fairly is at the heart of how your business operates and a director or senior manager will become an Approved Person with responsibility to ensure your firm acts within the FCA rules and guidelines. Our compliance monitoring programme will ensure this happens.
If you would like to know more about being an Appointed Representative of PPL, get in touch and we will talk you through the process. We do have a stringent application process, but if you have a robust, well run business with the necessary resources and a clear, well-structured operation, subject to meeting our and the FCA’s criteria, we’ll get you set up and able to offer credit facilities as soon as we can.
Whether you want to apply to become an Appointed Representative or be directly authorised by the FCA, we take the hassle out of compliance. Contact us now to help identify the risks and what you need to make sure you're FCA compliant.
Being directly approved by the FCA is a popular choice amongst our customers giving them full control but having the security of our support
We use our extensive experience and detail knowledge of the forms, process and detail required to successfully complete the process with a positive outcome