FAQ

Question 1

Is CoreVetta a law firm or does it provide legal advice?

Accepted Answer

No. CoreVetta is not a law firm and does not provide legal advice. It is a regulatory intelligence platform designed to help businesses understand potential regulatory obligations and navigate FCA and HMRC requirements with greater confidence. Where legal advice is required, you should seek advice from a qualified legal professional.

Question 2

What regulators does CoreVetta cover?

Accepted Answer

CoreVetta currently focuses on UK regulatory frameworks, including the Financial Conduct Authority (FCA) and HM Revenue & Customs (HMRC) AML supervision regime. The Navigator helps identify whether FCA authorisation, HMRC AML supervision, both or neither are likely to apply based on your business activities.

Question 3

How accurate is the Navigator?

Accepted Answer

The Navigator is built using structured regulatory decision logic based on regulatory frameworks and guidance. It provides an indication of your likely regulatory position based on the information you provide. As every business model is unique, the outcome should be viewed as guidance rather than a formal regulatory determination.

Question 4

What happens after I complete the Navigator?

Accepted Answer

You'll receive a regulatory outcome, key considerations and recommended next steps based on your responses. If you require more detailed implementation guidance, you can upgrade to the Report Pack for a tailored implementation roadmap and practical next steps.

Question 5

What is included in the Authorisation Report Pack?

Accepted Answer

The Authorisation Report Pack is designed to help you move from understanding your obligations to implementing it with confidence. It includes a tailored report, implementation guidance, application preparation roadmap, action-focused next steps, a 30-minute clarity call and 30 days access to In Plain English.

Question 6

What is In Plain English?

Accepted Answer

In Plain English is CoreVetta's interactive regulatory guide, designed to help you understand the concepts, terminology and obligations within your report. You can ask questions and receive clear, practical explanations in easy-to-understand language.

Question 7

Is In Plain English a chatbot?

Accepted Answer

In Plain English uses a conversational, chat-style interface, but it is not designed as a general-purpose chatbot. It is purpose-built to help you explore and understand the regulatory findings within your CoreVetta Report, with responses focused on your regulatory position and guidance.

Question 8

Do I need the Report Pack if I've completed the Navigator?

Accepted Answer

Not necessarily. The Navigator is designed to provide clarity on your likely regulatory position and may be sufficient for some businesses. The Report Pack is intended for founders who want a tailored implementation roadmap and practical guidance on what to do next.

Question 9

Can CoreVetta guarantee that I need FCA authorisation?

Accepted Answer

No. Regulatory requirements depend on the specific activities your business carries out and how those activities operate in practice. CoreVetta provides guidance based on the information supplied but cannot make formal regulatory determinations on behalf of regulators.

Question 10

Can CoreVetta guarantee FCA approval?

Accepted Answer

No. Approval decisions are made solely by the FCA or relevant regulator. CoreVetta can help you understand potential requirements and prepare more effectively, but it cannot influence regulatory decisions.

Question 11

What is the 30-minute clarity call?

Accepted Answer

The Clarity Call gives you 30 minutes with a CoreVetta regulatory specialist to discuss your report, ask questions, clarify findings and understand your recommended next steps.

Question 12

Can I get a refund?

Accepted Answer

Due to the personalised nature of the assessment and report, refunds are not normally available once work has begun or a report has been generated. If you experience a technical issue or believe there has been an error, please contact us and we will review your case.

Question 13

How is my data protected?

Accepted Answer

We take data protection seriously. Information submitted through CoreVetta is used solely to provide your assessment and report, handled in accordance with our Privacy Policy, and is never sold to third parties.

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