# FCA change in control ifa: Ifa Control Rules

> The Ifa Control Rules carries 7 published figures read from 1 source's own page, from 10 to 50 percent, read 28 October 2026.

IFA Consolidators · https://ifaconsolidators.co.uk/datasets/ifa-control-rules/ · computed 2026-10-28

**Range of the published figures:** 10 to 50 % (range 10 to 33 %; 4 published figures; 2 of 9 sources read publish one).

2 of the 9 named sources read in full publish a figure; 7 publish none, read 28 October 2026.

## By rule

| Breakdown | Median | Range | Sources |
|---|---|---|---|
| rule approval-effective-period | 1 year | 1 to 1 year | 1 |
| rule offence-acquiring-control-without-approval | 2 year | 2 to 2 year | 1 |
| rule controller-band-directive-firm-from | 25 % | 25 to 25 % | 1 |
| rule single-band-insurance-credit-home-finance | 20 % | 20 to 20 % | 1 |
| rule single-threshold-limited-permission | 33 % | 33 to 33 % | 1 |
| rule single-threshold-payment-services | 10 % | 10 to 10 % | 1 |

## Every figure, with its source

One row per source: the figure the source's own page publishes, the page, and the day it was read.

| Source | Figure | Breakdown | Read |
|---|---|---|---|
| [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) | 50 % | controller-band-directive-firm-from | 2026-10-28 |
| [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) | 33 % | single-threshold-limited-permission | 2026-10-28 |
| [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) | 30 % | controller-band-directive-firm-from | 2026-10-28 |
| [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) | 20 % | controller-band-directive-firm-from | 2026-10-28 |
| [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) | 20 % | single-band-insurance-credit-home-finance | 2026-10-28 |
| [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) | 10 % | controller-band-directive-firm-from | 2026-10-28 |
| [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) | 10 % | single-threshold-payment-services | 2026-10-28 |
| [FSMA 2000 Part XII: control over authorised persons](https://www.legislation.gov.uk/ukpga/2000/8/part/XII) | 2 year | offence-acquiring-control-without-approval | 2026-10-28 |
| [FSMA 2000 Part XII: control over authorised persons](https://www.legislation.gov.uk/ukpga/2000/8/part/XII) | 1 year | approval-effective-period | 2026-10-28 |

## The sentence each figure was read from (9)

- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf), read 2026-10-28: " 50% or more"
- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf), read 2026-10-28: "A single threshold of 33% applies to limited permission"
- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf), read 2026-10-28: " 30% or more but less than 50%; and"
- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf), read 2026-10-28: " 20% or more but less than 30%;"
- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf), read 2026-10-28: "home finance) there is only one controller band of 20% or"
- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf), read 2026-10-28: "Control bands for Directive firms are:  10% or more but less than 20%;"
- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf), read 2026-10-28: "consumer credit firms; whilst a single threshold of 10% applies to Payments Services Firms."
- [FSMA 2000 Part XII: control over authorised persons](https://www.legislation.gov.uk/ukpga/2000/8/part/XII), read 2026-10-28: "on conviction on indictment, to imprisonment for a term not exceeding two years or a fine, or both."
- [FSMA 2000 Part XII: control over authorised persons](https://www.legislation.gov.uk/ukpga/2000/8/part/XII), read 2026-10-28: "Where the [F2appropriate regulator] has not specified a period, the approval is effective for one year beginning with the date—"

## Read in full, publishes no figure

- [FCA: change in control](https://www.fca.org.uk/firms/change-control), read 2026-10-28: read in full and no accepted figure on the page
- [FCA: submit a change in control notification](https://www.fca.org.uk/firms/change-control/submit-notification), read 2026-10-28: read in full and no accepted figure on the page
- [FCA multi-firm review: consolidation in financial advice and wealth management (31 Oct 2025)](https://www.fca.org.uk/publications/multi-firm-reviews/consolidation-financial-advice-and-wealth-management-sector), read 2026-10-28: read in full and no accepted figure on the page
- [FCA news: review of consolidation published](https://www.fca.org.uk/news/news-stories/review-consolidation-financial-advice-and-wealth-management-sector), read 2026-10-28: read in full and no accepted figure on the page
- [FSMA 2000 s.178: obligation to notify](https://www.legislation.gov.uk/ukpga/2000/8/section/178), read 2026-10-28: read in full and no accepted figure on the page
- [FSMA 2000 s.181: acquiring control (10%)](https://www.legislation.gov.uk/ukpga/2000/8/section/181), read 2026-10-28: read in full and no accepted figure on the page
- [FCA Handbook SUP 11: controllers and close links](https://www.handbook.fca.org.uk/handbook/SUP/11/), read 2026-10-28: read in full and no accepted figure on the page

## Methodology

Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2). 2 of the 9 named sources that could be read published a usable figure; 7 published none and are recorded as not published, never filled in; 0 could not be read (blocked, dead or unreachable) and count nowhere. The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source for each breakdown it prices, in % (a source's median where its page yielded several accepted sentences for one breakdown), so a page that gives figures for several breakdowns gives one for each and N counts 4 figures, never sentences; 5 candidate sentence(s) were refused by a reviewer with the reason recorded. The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): the change-in-control gate (10% of shares or voting power, FSMA s.178 notice before acquiring, up to 60 working days from a complete notification with up to 30 working days' interruption, criminal offence without approval under s.191F) and the six themes of the FCA's 31 Oct 2025 multi-firm review of consolidators; each with its source and date

## Sources

- [FCA: change in control](https://www.fca.org.uk/firms/change-control) (the publisher's own terms; quoted for reporting and comment)
- [FCA: submit a change in control notification](https://www.fca.org.uk/firms/change-control/submit-notification) (the publisher's own terms; quoted for reporting and comment)
- [FCA multi-firm review: consolidation in financial advice and wealth management (31 Oct 2025)](https://www.fca.org.uk/publications/multi-firm-reviews/consolidation-financial-advice-and-wealth-management-sector) (the publisher's own terms; quoted for reporting and comment)
- [FCA news: review of consolidation published](https://www.fca.org.uk/news/news-stories/review-consolidation-financial-advice-and-wealth-management-sector) (the publisher's own terms; quoted for reporting and comment)
- [FSMA 2000 Part XII: control over authorised persons](https://www.legislation.gov.uk/ukpga/2000/8/part/XII) (the publisher's own terms; quoted for reporting and comment)
- [FSMA 2000 s.178: obligation to notify](https://www.legislation.gov.uk/ukpga/2000/8/section/178) (the publisher's own terms; quoted for reporting and comment)
- [FSMA 2000 s.181: acquiring control (10%)](https://www.legislation.gov.uk/ukpga/2000/8/section/181) (the publisher's own terms; quoted for reporting and comment)
- [FCA Handbook SUP 11: controllers and close links](https://www.handbook.fca.org.uk/handbook/SUP/11/) (the publisher's own terms; quoted for reporting and comment)
- [FCA: change in control quick reference guide](https://www.fca.org.uk/publication/publications/cic%20quick%20ref%20guide.pdf) (the publisher's own terms; quoted for reporting and comment)

## Cite or embed

- The Ifa Control Rules carries 7 published figures read from 1 source's own page, from 10 to 50 percent, read 28 October 2026.
- 2 of the 9 named sources read in full publish a figure; 7 publish none, read 28 October 2026.
- Ifa Control Rules, rule approval-effective-period: median 1 year across 1 source, read 28 October 2026.
- Ifa Control Rules, rule offence-acquiring-control-without-approval: median 2 year across 1 source, read 28 October 2026.
- Ifa Control Rules, rule controller-band-directive-firm-from: median 25 percent across 1 source, read 28 October 2026.
- Ifa Control Rules, rule single-band-insurance-credit-home-finance: median 20 percent across 1 source, read 28 October 2026.
- Ifa Control Rules, rule single-threshold-limited-permission: median 33 percent across 1 source, read 28 October 2026.
- Ifa Control Rules, rule single-threshold-payment-services: median 10 percent across 1 source, read 28 October 2026.

Cite as: "ifaconsolidators.co.uk Ifa Control Rules", updated 2026-10-28, https://ifaconsolidators.co.uk/datasets/ifa-control-rules/.

CSV: https://ifaconsolidators.co.uk/datasets/ifa-control-rules.csv
JSON: https://ifaconsolidators.co.uk/datasets/ifa-control-rules.json
Embed (plain HTML, static link back): see https://ifaconsolidators.co.uk/datasets/ifa-control-rules/#median