CCR009 preparation guide
Preparing for a CCR009 return is much easier when information is organised throughout the year rather than gathered at the last minute.
Many FCA-authorised motor dealers search for how to prepare for a CCR009 return shortly before an FCA reporting deadline. By that stage, important information may be stored across multiple systems, making the process more time-consuming than necessary.
Starting preparation early can make the reporting process significantly easier, reduce the risk of avoidable errors and help ensure information is available when the FCA reporting window opens.
This guide explains how motor dealers can prepare for a CCR009 return and avoid common reporting problems.
Before gathering any information, confirm that CCR009 applies to your business.
The easiest way to do this is by reviewing your reporting schedule within the FCA's RegData system. This will confirm:
Understanding your reporting requirements from the start can help avoid unnecessary work later.
CCR009 contains questions that may vary depending on a firm's permissions and activities.
Before preparing information, review the permissions held by your business and ensure they accurately reflect the activities carried out by the firm.
This will help you understand the type of information that may be required when the reporting window opens.
Most motor dealers completing CCR009 will need access to information relating to finance introductions.
This may include:
Keeping accurate records throughout the year can make this stage significantly easier.
CCR009 may include questions relating to revenue generated from regulated activities.
Before completing the return, ensure relevant financial information is available and that supporting records can be accessed if required.
Many reporting delays occur simply because businesses leave financial reviews until shortly before the submission deadline.
CCR009 helps the FCA understand how consumer credit firms operate.
Consider whether there have been any significant changes during the reporting period, including:
Having this information readily available can help make reporting more straightforward.
CCR009 may include questions relating to how a business promotes its products and services.
For many motor dealers, this may include:
Maintaining a record of marketing activity can make reporting more accurate and efficient.
CCR009 may include questions relating to staff involved in consumer credit activities.
Before completing the return, identify employees involved in:
Keeping staff records organised can save valuable time during the reporting process.
Many firms only discover login issues when the reporting deadline is approaching.
Before the reporting window opens, confirm that the appropriate individuals have access to RegData and can view the firm's reporting schedule.
Resolving access issues early can help avoid unnecessary delays.
Before submitting your CCR009 return, review the information carefully.
Check that:
A final review can help identify simple errors before submission.
Many motor dealers only begin preparing information once the FCA reporting window opens.
Businesses that prepare throughout the year are often able to complete their CCR009 return more efficiently than firms that leave preparation until the reporting window opens.
Motor dealers that maintain organised records throughout the year are often able to complete their CCR009 return more efficiently and with greater confidence.
Good preparation can help:
The best approach is to maintain accurate records throughout the year rather than waiting until the reporting deadline approaches.
This may include information relating to finance introductions, regulated income, business activities, marketing methods and staff involved in regulated activities.
No. CCR009 contains questions tailored to a firm's permissions, activities and business model.
CCR009 is completed and submitted through the FCA's RegData reporting system.
Maintaining organised records throughout the year and reviewing your reporting requirements regularly can significantly reduce the time required to prepare a return.
009 Compliance provides administrative support to FCA-authorised motor dealers throughout the UK.
We can help organise records, prepare information and support businesses with the administrative preparation required before completing a CCR009 return.
Please note that we do not provide regulated advice. Responsibility for reviewing, approving and submitting regulatory returns always remains with the authorised firm.
If you need help preparing for your next CCR009 return, contact 009 Compliance today.
