Fund Manager Licensing Before the Capital Markets Authority

We advise on eligibility and structure before anything is filed, because most licensing delays are built into the application at incorporation. We settle the shareholding and board against the Authority’s fit and proper requirements, prepare directors, chief executives and key personnel for assessment, and assemble the application itself, the business plan, financial projections, compliance and risk frameworks, policies and supporting evidence, in the form the Authority’s reviewers expect to see. We then manage the application through the Authority, answering requisitions promptly and completely, because an application that answers slowly is an application that ages. For licensed managers, we advise on continuing obligations, on the transition to the 2025 regulations ahead of the 13 February 2027 compliance deadline, and on the approvals a manager needs as its business grows, including special fund and collective investment scheme approvals and changes in shareholding or control.

The work falls into four stages. First, structuring, where the company, its capital and its people are put into licensable shape. Second, preparation, where the application file is built and every document in it is checked against the regulations before filing, since the statutory determination clock only runs on a complete application. Third, the Authority’s review, where we manage correspondence, interviews and requisitions on your behalf. Fourth, grant and after, where the conditions of the licence are implemented and the compliance calendar the licence creates is set up properly from day one.

Instructions, your promoters’ and directors’ particulars, the financial position and source of funds behind the company, and a clear account of the investment business you intend to run. The rest is our work.