On 19 December 2018, the FCA issued a direction for payment 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.