Before applying to cancel your authorisation, your firm is expected to have:

stopped carrying on regulated activities, or planned to stop carrying on regulated activities within 6 months of the application. If you do not plan to stop carrying on regulated activities within 6 months of applying, we may not accept your application.

You should have also:

Told your clients and approved persons that you are going to cancel your permission

Paid all your outstanding regulatory fees

Filed any regulatory returns that are due

Resolved any complaints against you