SIFA 6.7 Further Issues

There are the following further issues relating to authorisation:

• The scope of your firm's permission affects the fees you pay us. Broadly, the wider the scope, the higher the fees.
• The scope of your permission may also affect the category of business into which your firm falls for financial resources purposes.
• We consider the scope of a firm's permission when deciding which risk category the firm falls into. We monitor firms in a higher risk category more closely.