On 19 December 2018, the FCA issued a direction for e-money institutions wishing to make a notification under the temporary permissions regime.

The FCA directs that a notification must:

  • be made by submitting the Firm Temporary Permission Notification using the Connect system (https://connect.fca.org.uk/);
  • be made following any further instruction published in relation to the Firm Temporary Permission Notification form;
  • contain the information required by that form; and
  • be made during the period beginning at 9am on 7 January 2019 and ending with the end of 28 March 2019.

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