Appointed Representative

As an Appointed Representative you don't need to report data to the FCA or pay FCA fees and we work alongside you in taking joint responsibility for your compliance, ensuring of good customer outcomes.
Appointed Representative

Becoming an Appointed Representative

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.

Benefits of being an Appointed Representative

Benefits of being an Appointed Representative

  • You do not have to apply directly to the FCA for authorisation
  • You do not have to report data to the FCA through its RegData system
  • You do not pay FCA fees
  • PPL takes responsibility for your regulatory conduct and supplies the necessary systems, processes and compliance programmes to ensure you always remain compliant
  • You benefit from our best practice, experience and knowledge
  • You can achieve cost savings by utilising centralised compliance support
  • You have all the support needed to ensure your sales and complaints processes are compliant
  • Your staff are fully trained
  • Management information enables you to monitor how you are treating your customers

Want to talk to a representative?

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.

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Other Services

Directly Authorised

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 support you all of the way through the approval process
  • We audit and mystery shop your business to ensure you remain compliant
  • You have access to our expertise and experience at all times
  • You have full control of your approach to compliance
Find out more

FCA Applications

We use our extensive experience and detail knowledge of the forms, process and detail required to successfully complete the process with a positive outcome

  • You retain control
  • Use our expertise to navigate the process efficiently
  • We are always here to provide assistance if needed
Find out more