The FCA has updated its webpage on change of legal status applications to announce the publication of new forms to be used by firms authorised under MiFID II seeking to change their legal status. The FCA published forms for the following categories of firms:
- all non-MiFID firms, including retail and wholesale firm types; and
- all MiFID and Article 3 firms.
The FCA notes that until 31 March 2018, it will accept any applications that were already being completed in draft using the previous forms. After 1 April 2018, firms will need to apply using the new application form.
View New FCA MiFID II change of legal status forms, 2 January 2018