By becoming an Appointed Representative, a firm is able to carry on regulated activities under a contract with a Principal Firm which holds the regulatory permissions and compliance infrastructure the firm requires.
Resolution Compliance Limited has assisted a number of P2P firms through its appointed representative status with various business models; from property to traditional consumer and business lending.
There are many key benefits provided via this route, with Resolution’s efficient processes and governance already in place, it is an integrated solution for P2P providers. We ensure the process of becoming an Appointed Representative is thorough but speedy; our experience having allowed us to develop a detailed and efficient process to allow us to act quickly to assess your firm’s suitability, including undertaking the necessary due diligence to make sure your key people are fit and proper.
The firm can use this solution either whilst they are applying for direct authorisation or if they require the governance and framework of a large financial institution and the skills and expertise of the Resolution Compliance team.
Feel free to call us for a no obligation assessment of the best approach for your business on
Telephone: +44 (0)20 7436 0630