Support for firms seeking FCA authorisation
Virtual Appointed Representative (VAR) status is designed for businesses that want to become directly authorised by the FCA but need expert support to navigate the application and ongoing compliance requirements.
Unlike Appointed Representative status, VAR firms hold their own FCA permissions. ITC provides the systems, expertise and guidance needed to achieve and maintain authorisation.
Why join the Virtual Appointed Representative network
FCA application support
ITC supports firms through the FCA application process, providing regulatory business plans, compliance manuals, policies, procedures, and structured compliance frameworks. Once authorised, ITC continues to support the firm with systems, training, audits, and regulatory updates.
Reduce risk and compliance challenges
VAR status allows firms to retain control of their regulatory permissions while benefiting from ITC’s experience, systems, and insight. This includes access to ITC’s online compliance system, support with FCA reporting, an annual audit, and more, reducing the risk of application failure, regulatory breaches, and ongoing compliance challenges.
Utilise our expertise
From meeting regulatory requirements to distributing financial promotions, ITC helps firms simplify entry into regulated activity. With decades of experience and a staff of compliance and regulatory industry experts on hand, firms can focus on their business while drawing on ITC’s specialised compliance knowledge.
ITC makes difficult compliance simple
As a network member, firms will benefit from ITC’s extensive regulatory expertise and business support. ITC sifts through regulations and provides simple systems, paperwork, and controls to firms, including monitoring potential future regulatory concerns.
Compliance confidence
Operate regulated activities with confidence under the oversight of an FCA-authorised Principal Firm.
Greater revenue opportunities
Offer insurance or finance products without the complexity of direct authorisation.
Lower cost & reduced liability
ITC handles regulatory capital, reporting, oversight, and training obligations — allowing brands to focus on sales and customer experience.
A proven partner
With decades of experience and a track record of supporting organisations large and small, ITC has the tools to meet specific regulatory needs and customer journeys.
Unique digital platform
ITC’s unique digital compliance tools fulfil FCA regulations and streamline processes for firms while ensuring customers are treated fairly.