Twelve questions, two minutes, a score against what the FCA expects a principal to evidence.
Answer Yes, Partly or No. Your score and the areas to fix appear on this page the moment you finish.
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Each question covers one area a principal is expected to evidence, with the rule reference beside it. Nothing is sent anywhere unless you ask for your results by email.
Before you appoint an AR, do you complete and record an assessment of its solvency, suitability and fitness and propriety, and of whether you have the resources to oversee it?
Does every AR have a signed written agreement containing the terms SUP 12.5 requires, and could you produce the current version today?
Do you monitor each AR on a planned cadence, record the visits, file reviews and findings as you go, and complete a formal annual review of each AR with a recorded outcome?
Do you prepare an annual self-assessment of how you meet your SUP 12 obligations, and has your governing body reviewed and approved it within the last twelve months?
Do you assess and record the fitness and propriety of the people who run each AR, at appointment and on an ongoing basis?
Do you approve or check the financial promotions your ARs use before they go out, and keep a record of what you approved and when?
Do you see and handle complaints about each AR’s activities within the DISP time limits, and could you state how many are open, upheld and paid for any AR?
Do you notify the FCA of every AR appointment, change and termination within the required timescales, and record the date and reference against the AR?
When an AR is terminated, do you follow a written exit process covering the FCA notification, the wind-down of the agreement and the protection of the AR’s customers?
Do you keep the records SUP 12.9 requires for each AR, including the agreement, the due diligence, the monitoring and the reviews, for the required period and in a form you can retrieve?
Can you see, on one screen, which ARs are overdue, which reviews are due and which attestations are missing across your whole network?
If the FCA asked tomorrow, could you produce the full oversight record for any AR, from appointment to today, within one working day?
One line on what good looks like for each area you answered No or Partly.
Every area answered Yes. Keeping it that way as the network grows is the harder part, and a supervisory visit will test the record rather than the answers.
We will send your results and the SUP 12 checklist over shortly.
Changed your mind on an answer? Go back and change it and the score updates as you go.
SUP 12 on RegTechPRO is a full module built around supervising the firms you are responsible for. Each card names the questions above it answers.
Appointment, agreement, monitoring, reviews, notifications and breaches in one record per AR, every year, including a fit and proper record for every senior person at the AR. Nothing lives in a spreadsheet tab.
Ten named requirements per AR, each with a status and a review date. Requested becomes renewal due, then expired, without anyone remembering to check, and a senior manager signs the appointment off before the AR goes live.
The SUP 12.6A self-assessment as a 25-item checklist, a to y, each item carrying its rule reference and ending in a board sign-off block. An 80-question gap analysis sits beside it.
Who has filed, who is pending and who is missing, across every AR you supervise, with a red-first triage queue. The same dashboard carries the complaints and redress flow and the financial promotion backlog per AR.
Each AR signs in to its own portal. You send the monitoring plan, attestations and registers; the AR completes them and returns them with evidence; you approve. Nothing waits in an inbox.
Every notification to the FCA about an AR, on appointment, change of details, termination or breach, is logged with its date and reference. A qualifying breach opens a pre-filled SUP 15 pack with every FCA-form field ready to copy.
A structured exit pack per termination: the FCA notification, agreement wind-up, an eight-item customer-protection checklist, post-termination monitoring and lessons learned. The AR’s record stays on file afterwards.
A 12-question mock supervisory interview drawn from the AR’s own record. Every answer is traced to what is on file and missing evidence is called out, never papered over. AI drafts, humans decide, nothing is auto-submitted.
What the check is, what happens to your answers, and what we send you
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