The UK appointed representative and the regulatory hosting platform regime

A consolidated framework to give access to the European market through Luxembourg and Ireland hubs

Massimo Paolo Gentili and Marco Bodellini

The financial sector in the UK has developed and significantly expanded over time in part due to the rigorous and proactive supervisory approach of both the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). Specifically, the FCA regulates the financial services industry and its mandate includes protecting consumers, keeping the market stable and promoting healthy competition between financial service providers.