Exempt regulated activities registration (UK) | ACCA Global
ACCA - The global body for professional accountants

ACCA is a Designated Professional Body (DPB) under the Financial Services and Markets Act 2000. This enables member firms to carry out a limited range of regulated activities, without having to obtain direct authorisation from the Financial Conduct Authority (FCA), provided those activities are ‘incidental’ to the core accounting, auditing, taxation and business advice activities of the firm. This limited range of regulated activities is known as exempt regulated activities. The scope of the exempt regulated activities and the application process are set out in section 3 of the Practising Information handbook. An application form can be downloaded from the 'Forms for practitioners' page.

Any ACCA firm carrying out, or planning to carry out, a regulated activity (other than an exempt regulated activity) will require direct FCA authorisation.

If you require further guidance about the DPBRs or the types of work ACCA regulated firms are able to undertake please contact Technical Advisory on 0207 059 5920.  

The eligibility requirements are as follows:  

A sole practitioner will only be eligible to carry on regulated activities where:

• he/she is a member; 

• he/she holds a practising certificate; and

• his/her main business is the provision of public practice accountancy services. 

 

A partnership will only be eligible to carry on regulated activities where: 

• at least one of the partners in the firm is a member, and each partner who is not a member is entitled to practise accountancy and is subject to the regulations of ACCA; 

• the partners who are members of ACCA or of another designated professional body (if any) manage or control the firm; and

• the main business of the partnership is the provision of public practice accountancy services.  

 

A company will only be eligible to carry on regulated activities where: 

• at least one director and controller is a member, and each director who is not a member is entitled to practise accountancy and is subject to the regulations of ACCA; the directors who are members of ACCA or of another designated professional body (if any) manage or control the firm; and 

• its main business is the provision of public practice accountancy services.

Last updated: 9 Sep 2014