Financial resources
Maintaining adequate financial resources is one of our Principles for Businesses:
Principle 4 – 'A firm must maintain adequate financial resources.'
Web-based training course
Financial resources: calculating own funds and financial resources
This course aims to help you understand how to calculate regulatory own funds and capital resources. In the course you will find out why compliance is important, how to make calculations relevant to your firm type, and how to proceed if you find that you have less financial resources than are required. It last one hour, but you can stop the course and return to it at any time. The course costs £30 for unlimited access.
Professional indemnity insurance
Buying professional indemnity insurance (PII) factsheet [PDF]
This factsheet is for you if you are a regulated firm that requires PII cover. It explains:
- our rules for holding PII;
- the PII market;
- how to obtain PII;
- how to present your business to the PII market; and
- your options if you are having difficulty obtaining PII cover.
List of brokers & professional indemnity insurers