Changes to FCA Firm Reference Numbers (FRNs) and Product Reference Numbers (PRNs)

The Financial Conduct Authority (FCA) published a statement on the plan to move to a seven-digit FRNs and PRNs for newly registered firms and funds.
Published on 23 June 2022

The Financial Conduct Authority (FCA) published a statement on the plan to move to seven-digit FRNs and PRNs for newly registered firms and funds.

Firms that have previously been allocated a six-digit FRN or PRN will keep them. Seven-digit numbers will start to be allocated for new applications and notifications once the six-digit range is exhausted.

A date for the change has not been fixed, and the FCA will provide a further announcement on when it will begin to assign seven-digit FRNs and PRNs. This will allow for enough time for changes on internal systems to be made.

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