
Amongst the rules for being an enhanced entity is where a company is a retail intermediary company with earnings of greater than ₤ 35m on a three year rolling average basis.
The detailed rules define this by reference to how companies adhered to RMA-B reports to the FCA, but the FCA has detected that some intermediary firms do not complete this return and alternatively complete a different regulatory return as a result of their particular regulatory permissions.

If they meet the criteria, they must inform the FCA and will need to obey the enhanced company requirements by December 2019.
If they only meet the criteria in future years (i.e. after December 2019), they will have one year within which to carry out the enhanced business requirements.
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