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Compliance

What is a financial promotion approver?

Last reviewed 22 April 2026 · Reviewed by Jake McQuillan

Quick answer

What is a financial promotion approver?

A firm or individual authorised by the FCA under s21 FSMA 2000 to approve financial promotions for communication by unauthorised persons.

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Key points

  • Must hold specific approval permission (most firms do not by default)
  • Register of s21 approvers is published by the FCA
  • Approver is liable for compliance of the promotion

2024+ changes

The s21 gateway regime means firms must specifically apply to approve for third parties; not all authorisations include it.

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JM
Reviewed by
Jake McQuillan
Founder at Platinum Prospects
Last reviewed 22 April 2026

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