--- title: "FCA Principles for Business: One minute guide" description: Discover a quick guide to the FCA Principles for Business image: https://454246.fs1.hubspotusercontent-eu1.net/hubfs/454246/ITC%20Compliance/Photos/itc-featured-image.png --- Menu [![itc-compliance-logo](https://454246.fs1.hubspotusercontent-eu1.net/hubfs/454246/itc-logo-grey.svg) ](https://itccompliance.com) - [ Contact us ](https://itccompliance.com/contact) [Member login ](https://itccompliance.com/account) - Industries ## Industries Explore how ITC Compliance supports businesses across key sectors including motor, travel, retail and consumer goods. - [ Automotive ](https://itccompliance.com/industries/automotive) - [ Travel ](https://itccompliance.com/industries/travel) - [ Retail ](https://itccompliance.com/industries/retail) - Solutions ## Solutions Our solutions are designed to help businesses access regulated activity, reduce regulatory risk and maintain compliance through practical systems, expert support and ongoing oversight. - [ Appointed Representative (AR) ](https://itccompliance.com/solutions/appointed-representative) - [ Introducer Appointed Representative (IAR) ](https://itccompliance.com/solutions/introducer-appointed-representative) - [ Virtual Appointed Representative (VAR) ](https://itccompliance.com/solutions/virtual-appointed-representative) - [ Compliance Consultancy ](https://itccompliance.com/solutions/consultancy) - [News & Insights ](https://itccompliance.com/news-insights) - About ## About ITC Learn more about ITC Compliance, our experience as a leading FCA Appointed Representative network and how we support businesses operating in regulated environments. - [ About ITC Compliance ](https://itccompliance.com/about-itc-compliance) Search Industries - [ Automotive ](https://itccompliance.com/industries/automotive) - [ Travel ](https://itccompliance.com/industries/travel) - [ Retail ](https://itccompliance.com/industries/retail) Solutions - [ Appointed Representative (AR) ](https://itccompliance.com/solutions/appointed-representative) - [ Introducer Appointed Representative (IAR) ](https://itccompliance.com/solutions/introducer-appointed-representative) - [ Virtual Appointed Representative (VAR) ](https://itccompliance.com/solutions/virtual-appointed-representative) - [ Compliance Consultancy ](https://itccompliance.com/solutions/consultancy) [News & Insights ](https://itccompliance.com/news-insights) [About ](https://itccompliance.com/about-itc-compliance) --- [Member login ](https://itccompliance.com/account) - [ Contact us ](https://itccompliance.com/contact) 26 August 2024 # FCA Principles for Business: One minute guide Learn how to adhere to the FCA’s Principles for Business and the standards that should be used by an Appointed Representative (AR) Network Member of ITC Compliance. What is a Network Member's responsibility? Ensure that your business is conducted within the 11 Principles for Business that the FCA (Financial Conduct Authority) expects. What are the Principles for Business? The following are examples of how to comply with the Principles for Business: - Monitoring Financial Promotions, website reviews and the reconciliation of your monthly figures. - Maintaining adequate financial resources by ensuring that it is a financially sound and suitably resourced firm to enable the undertaking of regulated activities. - Demonstrating that your business activities are structured in such a way that care and diligence are exercised on a continual basis and that you have sufficient risk controls.  Note: A full list of the FCA’s Principles can be found in the following link: [www.fca.org.uk/about/principles-good-regulation](http://www.fca.org.uk/about/principles-good-regulation) What should I do to meet this requirement? To ensure you meet the criteria, deal with your Principal Firm in an open and cooperative way and disclose anything relating to the firm of which the FCA would reasonably expect (Principle 11).   Take reasonable care to ensure the suitability of advice and discretionary decisions for any customer who is entitled to rely upon your judgement (Principle 9). When selling regulated insurance products, there are two routes that you can take. These are Advised and Non-Advised sales.   Your company must pay due regard to the information needs of your customers and communicate information to them in a way that is clear, fair and not misleading (Principle 7).   This also falls in line with the Consumer Duty and is particularly important when using Financial Promotions. How does ITC Compliance help you to abide by these Principles? ITC Compliance provides the necessary framework for its Network Members to abide by the appropriate Principles as an Appointed Representative. This is provided via the provision of the online training tool, including modules that count towards the mandatory 15 hours Continuing Profession Development, ensuring that every member of staff is competent to perform their role within the firm. ITC Compliance also ensures that this Principle is met through monitoring financial promotions and website reviews, audits, visits, guides, manuals and sales systems. Get in touch with ITC today and find out more about how we can help. ### The Latest ![](https://454246.fs1.hubspotusercontent-eu1.net/hubfs/454246/ITC%20Compliance/Photos/itc-line-long-blue.svg) - 21 July 2026 [Beyond benchmarking: It's time to rethink the purpose of the F&I Log](https://itccompliance.com/news-insights/beyond-benchmarking-its-time-to-rethink-the-purpose-of-the-fi-log) - 15 July 2026 [The FCA has issued a further consultation paper on simplifying the insurance rules](https://itccompliance.com/news-insights/the-fca-has-issued-a-further-consultation-paper) - 24 June 2026 [Compliance training that drives adoption, not just attendance](https://itccompliance.com/news-insights/compliance-training-that-drives-adoption-not-just-attendance) - 17 June 2026 [Consumer Credit Act reform: A major shift for UK consumer credit regulation](https://itccompliance.com/news-insights/consumer-credit-act-reform-a-major-shift-for-uk-consumer-credit-regulation) - 10 June 2026 [Focus on consumer understanding](https://itccompliance.com/news-insights/focus-on-consumer-understanding) ### News & insights [Read more from ITC Compliance](https://itccompliance.com/news-insights) [![ITC Compliance Logo](https://454246.fs1.hubspotusercontent-eu1.net/hubfs/454246/ITC%20Compliance/Logos/itc-logo-white.svg) ](https://itccompliance.com/) ITC Compliance transforms regulatory complexity into opportunity — empowering businesses to innovate with confidence and ensuring consumers feel secure, informed, and protected in an ever-changing landscape. [Connect with us on LinkedIn ↗ ](https://www.linkedin.com/company/itc-compliance-limited/) 3 Monarch Court, The Brooms, Emersons Green, Bristol, BS16 7FH #### Solutions - [ Appointed Representative (AR) ](https://itccompliance.com/solutions/appointed-representative) - [ Introducer Appointed Representative (IAR) ](https://itccompliance.com/solutions/introducer-appointed-representative) - [ Virtual Appointed Representative (VAR) ](https://itccompliance.com/solutions/virtual-appointed-representative) - [ Compliance Consultancy ](https://itccompliance.com/solutions/consultancy) #### Industries - [ Automotive ](https://itccompliance.com/industries/automotive) - [ Travel ](https://itccompliance.com/industries/travel) - [ Retail ](https://itccompliance.com/industries/retail) #### About - [ About ITC Compliance ](https://itccompliance.com/about-itc-compliance) - [ News & Insights ](https://itccompliance.com/news-insights) [Contact us ](https://itccompliance.com/contact) [Member login ](https://itccompliance.com/account) ITC Compliance Ltd is authorised and regulated by the Financial Conduct Authority (FCA). Our Financial Services Register number is 313486. This information can be checked on the Financial Services Register by visiting the FCA's website [https://register.fca.org.uk/s](https://register.fca.org.uk/s) or by contacting the FCA on 0800 111 6768. ITC Compliance Ltd is a company registered in England and Wales with company number 04874285. Registered address of 20 Fenchurch Street, London. EC3M 3BY. VAT registration number is 901345266.  ITC Compliance Ltd © 2026 ITC Compliance. All Rights Reserved. - [Terms and Conditions of Use](https://itccompliance.com/terms-and-conditions-of-use) - [Privacy Statement](https://itccompliance.com/privacy-statement) - [Modern Slavery Statement](https://itccompliance.com/modern-slavery-and-human-trafficking-statement) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "ITC Compliance", "url" : "https://itccompliance.com/news-insights/author/itc-compliance" }, "dateModified" : "2026-05-22T19:45:21.681Z", "datePublished" : "2024-08-26T04:45:00.000Z", "headline" : "FCA Principles for Business: One minute guide", "image" : [ "https://454246.fs1.hubspotusercontent-eu1.net/hubfs/454246/ITC%20Compliance/Photos/itc-featured-image.png" ], "mainEntityOfPage" : { "@id" : "https://itccompliance.com/news-insights/fca-principles-for-business-one-minute-guide", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://454246.fs1.hubspotusercontent-eu1.net/hubfs/454246/itc-logo-grey.svg" }, "name" : "Fortegra" } } ```