Checklist: Preparing an application to cancel a Part 4A permission at the request of a firm (UK)

Updated as of: 15 June 2023
This checklist will assist in-house counsel, private practice lawyers and risk compliance teams advising authorised persons (firms) considering whether to cancel a Part 4A permission under the Financial Services and Markets Act 2000 (as amended) (FSMA). It sets out considerations that apply when completing the application to the Financial Conduct Authority (FCA) or the Prudential Regulation Authority (PRA) to cancel all permissions and cease regulatory activity.