FCA Asset Management Hub
The FCA Asset Manager Authorisation Hub was launched in October 2017, has a number of new authorisation case workers and a dedicated portal to assist authorisation as an asset manager. Since 1999, Sturgeon Ventures has been here to support new managers during the Incubation Phase where companies work towards being ready for direct authorisation. This phase includes expanding assets under management, building internal back, front and middle office.
The FCA website discusses Early life supervision support (ELSS) and their support for firms transitioning from authorisation to supervision.
Sturgeon Ventures is a Regulatory Incubator who can prepare you to meet the requirements of the Authorisation Hub and have experience in running a business to be FCA Directly Authorised.
We are delighted to see that the Asset Management Hub is there to support all managers during the authorisation phase and into supervision.
If your company wants to become a full AIFM, they will also need a Risk Officer and a Compliance Officer. Lead times for direct authorisation are getting shorter, but not all start-ups are ready for the authorisation hub on day one. Using Sturgeon Ventures as the Regulated Incubator for the first 6-12 months of your independent journey is a well-trodden path by many successful emerging managers.
Furthermore, with BREXIT looming and no knowledge of whether we will loose the EEA Marketing Passport, working with Regulatory Hosting Platform Sturgeon Ventures, is a valuable holding pattern before becoming directly authorised and realising that funds can’t be marketed.
To read more on the FCA Asset Management Authorisation Hub and understanding the early phases of authorisation, please click here:
FCA Authorisation Hub
Early Stages of FCA Authorisation
Sturgeon Ventures are the most established Regulatory Incubator, a trusted partner and venture catalyst. Providing nurturing and bespoke solutions, also known as a Regulatory Umbrella, Regulatory Hosting Platform or a Regulatory Ecosystem.
With offices in London, Sturgeon has incubated people and firms since 1999 and has been a family office wealth advisor since 1998 . We have been nominated and won many awards including most recently 4 wins at the ACQ Awards 2017 – Europe, Regulatory Hosting Platform of the year, UK – Game Changer of the Year – Seonaid Mackenzie, UK – Family Office Wealth Advisor of the Year and International Business Strategy Consultancy of the Year; M&A Awards 2017 UK Compliance Consultancy – Start-up Issues and UK Adivsor of the Year – Seonaid Mackenzie, Best Regulatory Incubator 2017 and FinServ Gamechanger Innovation Award 2017 at the Acquisition International Magazine’s annual awards and HedgeWeek Awards Winner 2016 for Best Global Consultant in Business Strategy.
Sturgeon Ventures are proud to have signed up to HM Treasury’s Women in Finance Charter, since the start of this initiative in July 2016 and to contribute to industry publications such as Acquisition International and The Corporate Financier.
It’s founder, Seonaid Mackenzie, has also written a contributing chapter in “Successfully Launching A Hedge Fund In Europe: Practical Guidance For New Managers” on the subject of pioneering Regulatory Incubation.
You might like to read about Sturgeon’s services:
Regulatory Umbrella
Regulatory Hosting
AIFM Solutions