Sell or Wind-Down

Selling an FCA-authorised business

While FCA authorisation itself cannot be transferred or sold in isolation, it is perfectly legitimate to sell an authorised firm through a change in ownership, subject to FCA approval under the change in control regime. This route is increasingly common, particularly where firm owners wish to step away but the business remains viable.

AuthoriPay can support this process by:

• Helping identify and engage with potential buyers

• Assessing whether a proposed sale will trigger a change in control

• Preparing and managing FCA change in control notifications

• Liaising with the FCA throughout the approval process

• Supporting the regulatory aspects of transaction completion

Managing an orderly wind-down

Where a sale is not appropriate or desirable, firms may choose to exit the market through an orderly wind-down. This involves ceasing regulated activities in a controlled manner while ensuring that customers, client money and regulatory obligations are properly addressed.

AuthoriPay can assist by:

• Advising on wind-down planning and regulatory expectations

• Supporting communications with the FCA

• Helping manage client closures, safeguarding and final reporting

• Assisting with the formal cancellation or variation of permissions

Next Steps

Exiting a regulated business is a significant decision, and there is no one-size-fits-all approach. Whether your goal is to sell the business or wind it down in an orderly manner, we can help you understand your options and guide you down the most appropriate path. If you are considering your next move, we would be happy to have an initial, confidential discussion.