REP027 FCA Safeguarding Return

Make the FCA's Safeguarding Return (REP027) one less thing on your plate every month-end.

Trusted by leading UK PIs and EMIs

Case Study

Case Study

WHY COMPLYFIRST

UK payment firms love us

Upload your data in whatever format you have

We work with any data extract you can produce — Excel, CSV, or a direct system export. We map it into the platform. No reformatting, no rekeying, no starting from scratch each month.

Validate against the FCA's REP027 schema in real-time

Get clear, real-time error messages as you work. When something’s wrong, we translate the error message into plain English and tell you how to fix it before your submission reaches RegData.

Submit directly via the FCA's API

No logging into RegData. No manual entry. Your return goes straight from the platform to the FCA via API, with a full submission record behind it.

Don't just take our word for it...

"What used to take weeks was fixed in hours with Complyfirst. We were live, errors resolved, and submitted within 48 hours."

Adrian Witkowski, Head of Regulatory Reporting

90% less reporting effort

SumUp was onboarded, validated, and live on Complyfirst within 48 hours.

"What sets Complyfirst apart is its ability to simulate a regulator’s review, identifying discrepancies before the actual submission."

Pamela Crilly, EU COO

50% less reporting effort

DORA was submitted within 24 hours.

"I’ve worked at large banks with entire teams managing returns. With Complyfirst, we had it done in days."

Neil McDermott, Chief Financial Officer

<24hr time to go live

Decta submitted clean regulatory returns with 0 issues or rework.

FAQs

Any UK payment institution or e-money institution that safeguards customer funds. That includes authorised PIs, EMIs, and small PIs or EMIs that have opted into the safeguarding regime.

Every month, within 15 business days of month-end.

Not necessarily. Sections 1, 2 and 9 apply to every firm in scope. Sections 3–8 only apply if you were required to safeguard during the period. If your firm includes unrelated payment services, sections 10–17 apply too.

You can, but this is a monthly commitment. The manual approach gets painful quickly, and it leaves you with no audit trail if the FCA ever comes back with questions.