Under the Securities Trustees and Statutory Supervisors Act 2011, securities trustees and statutory supervisors have to be licensed.
For full details of the application process, see the licensing guidance note.
Applicants will need to provide supporting documentation. The application form page has information about how to submit this information.
Licence duration and conditions
A licence may be granted for up to eight years. The actual duration granted will be assessed on a case-by-case basis and conditions may apply. See the guidance note for more details.
Applying for a variation of licence
Licensed securities trustees and statutory supervisors can apply for a variation to an existing license, for example to add a licence class. The procedure for applying for a variation of licence is similar to that followed in applying for the existing licence. Details and guidance on how to apply for a variation of a licence are available here.