Key information for firms in TPR

The passporting regime ended once the Brexit transition period finished on 31 December 2020. From that moment, all European Economic Area (EEA) firms that want to continue providing services in the UK needed to either be authorised by the Financial Conduct Authority (FCA) or registered under the Temporary Permissions Regime (TPR).

The TPR is due to end on 31st December 2023. Please read the following information to find your current position.

If your chosen route was TPR, you had to send a 'notice of intention' to the FCA by 31 December 2021 to apply for authorisation (or registration in the case of Registered Account Information Service Providers (RAISP)). Firms were then required by the regulator to have submitted their authorisation application to the FCA by December 2022 for it to be processed and reviewed. 

These deadlines have now passed, if you are a firm looking to offer payment services or issue e-money you will now have to follow a standard approach to achieve FCA authorisation. To find out more about the process and everything involved visit our FCA Authorisations service page.

If you did not choose TPR as your route to authorisation, but you would like to become authorised, then you will need to follow the standard approach to achieve FCA authorisation and can speak to an expert within our team who will be able to help you through the process. 

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The sectors we work with...

  • Wholesale Investment Firms forest

    Wholesale Investment Firms

    Our large team of wholesale industry experts work with clients including hedge fund managers, private markets firms, brokers and corporate finance firms.

  • Capital Markets forest

    Capital Markets

    Our Capital Markets team use their experienced regulatory knowledge to help asset managers and broker dealers with a full service offering over a large spectrum of regulatory issues.

  • Wealth Management forest

    Wealth Management

    Cosegic’s experienced Wealth Management team can help you interpret the regulations, using our in-depth knowledge to simplify complex regulations.

  • Payment Services Cryptoassets forest

    Payment Services & Cryptoassets

    Our industry leading team know the regulatory landscape inside out, with our experience extending from traditional and challenger banks, authorised e-money and payment institutions through to fintechs and cryptoassets.

  • Consumer Credit forest

    Consumer Credit

    We have successfully managed over 800 FCA applications for credit firms and currently have over 350 credit clients benefitting from our ongoing support.

  • Insurance Mortgages Claims forest

    Insurance, Mortgages & Claims

    Whether you are looking for support in the insurance, mortgages, claims management or funeral planning space, our dedicated team of ex-regulators and industry practitioners are here to support you.


EEA authorisation support options

Depending on where you are in your current authorisation application, choose from our three support options below and we will tailor our service to meet your needs. 


For a relatively low cost, we can provide a report that assesses your regulatory options, based on your business model and plans. This will include recommendations as to how to progress with the authorisation application and identify the resources you will need to have in place to get approval.


Should you wish to construct your authorisation application yourself, we can review it before you submit it. We can also support you in responding to any follow-up questions from the FCA to make sure that the application process is as smooth as possible for your business.

Full Service

If you aren’t sure where to begin or would like support from start to finish, our team of compliance experts and ex-FCA regulators can support you through the whole process. We can provide full project management for your authorisation application, including preparation and ongoing support.

Speak to us about our support options

Why choose Cosegic?

Our 360 degree perspective of regulatory affairs


Our 360 degree perspective of regulatory affairs

Our wide range of financial sector experts come together on a regular basis to discuss their interactions with the FCA and the regulatory trends that they are seeing, providing us with a more informed understanding of the FCA than our competitors.

Direct, proportionate advice


Direct, proportionate advice

Our unique perspective means we really do have our fingers on the pulse of regulation, which helps us to ensure that the advice we offer is practical, helpful and directly proportionate to our clients’ needs.

Our understanding of the role of compliance in firms


Our understanding of the role of compliance in firms

We have watched the evolution of compliance over the past twenty years and understand that compliance must now become a core part of how financial services carry out their businesses in order for them to be successful.

Compliance confidence for visionary growth


Compliance confidence for visionary growth

In recognising this, our services have been built in a way that can help you navigate regulation ensuring you will keep your vision and objectives intact. Our breadth of experience allows us to balance your business objectives with your compliance requirements.

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