FA8 - Financial services notification form 2025

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The FA8 Financial Services Notification Form is designed for firms to report their financial services activities to the Financial Conduct Authority (FCA). It is required when setting up a new firm, changing the legal entity, or updating previously reported activities. The form includes sections for firm details, financial services activities, insurance distribution activities, and a declaration section. It emphasizes the importance of accurate information and outlines data usage in compliance with data protection legislation.

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Versions	Form popularity	Fillable & printable
2020	4.9 Satisfied (57 Votes)
2017	4.3 Satisfied (20 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is an abs a licensed body?

What is an ABS? An ABS is a firm that is licensed to enable it to carry on one or more of the specific reserved legal activities that are regulated by the LSA 2007 and whose owners and/or managers are non-lawyers.

Can non-lawyers own law firms in the UK?

Non-lawyers are allowed to be managers or owners of the firms we regulate. However, the firm must first obtain our approval. We only approve if we are satisfied that the proposed manager or owner and the firm meet certain criteria, set out in rule 13 of the SRA Authorisation of Firm Rules.

What is the FSMA Part 20 exemption?

Part 20 FSMA Exemptions Some consumer work counts as exempt regulated activity under Part 20 of the Financial Services and Markets Act (2000) FSMA. This is regulated activity to which the general prohibition, under section 19 FSMA, on carrying on regulated activity without authorisation does not apply.

Can a non-lawyer own a law firm in the UK?

If you do want to be an ABS then the firm could be 100% owned by non-lawyers provided that you have at least one lawyer of England Wales at partner / director level in the business. That is a fundamental requirement for allowing non-lawyer ownership of the business.

Can a non lawyer be a legal consultant?

Can you be a legal consultant without a law degree? Though a Juris Doctor is a requirement for many consultancy roles, some jobs are open to individuals without a law degree. In such positions, knowledge of the law is often one among various other competencies required for the job.

sra fa8

Regulated financial services activities FCA Register sra financial services (scope) rules Regulated Activities Order Financial Services and Markets Act 2000 Financial Services and market Act Financial Services Register SRA reserved legal activities

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Can a law firm be owned by a non-lawyer?

Outside of a few exceptions, the general rule in the U.S. is that only licensed attorneys can own law firms.

Can you work at a law firm and not be a lawyer?

Some of the best careers in law allow you to explore different areas of the legal sector without becoming an attorney. Legal careers like paralegal and electronic discovery involve working directly with legal teams to support trials and solve disputes.

What are regulated financial service activities?

The activities which are regulated activities are specified in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (the Regulated Activities Order): for example, accepting deposits, managing investments, effecting contracts of insurance, dealing in investments as agent.

FA8 - Financial services notification form 2025

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Got questions?

Is an abs a licensed body?

Can non-lawyers own law firms in the UK?

What is the FSMA Part 20 exemption?

Can a non-lawyer own a law firm in the UK?

Can a non lawyer be a legal consultant?

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Can a law firm be owned by a non-lawyer?

Can you work at a law firm and not be a lawyer?

What are regulated financial service activities?

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