Ian James Somerset

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Where they hold approval

Firms where this individual holds — or has held — an FCA-approved role.

Gregory Pennington Limited (no longer approved here)
FRN 664019
- SMF1 Chief Executive (5 Jul 2021 to 31 Dec 2024)
- SMF3 Executive Director (5 Jul 2021 to 31 Dec 2024)
- SMF17 Money Laundering Reporting Officer (MLRO) (25 Jun 2020 to 20 Jun 2022)
- [FCA CF] CASS oversight function (25 Jun 2020 to 31 Dec 2024)
- [FCA CF] Significant management (25 Jun 2020 to 31 Dec 2024)
Autotrader Limited (no longer approved here)
FRN 735711
- CF1 Director (9 Jun 2016 to 2 Dec 2016)

Updates to this individual's record on the FCA register.

No changes recorded yet.

A quick guide to the terms on this page.

The FCA: The Financial Conduct Authority is the UK's regulator for banking, lending, insurance, investments and payments. Senior staff at any authorised firm have to be approved by the FCA personally.
Approved individual: Someone the FCA has personally signed off to hold a senior role at an authorised firm — directors, compliance officers and similar. They're held accountable for the firm's conduct.
Controlled functions: The specific senior roles the FCA approves people to hold, like 'Compliance oversight' or 'Money laundering reporting'. Each approval is tied to a particular firm.
IRN: Individual Reference Number — the unique ID the FCA assigns to each approved person. It stays the same as they move between firms.

Information on this page is sourced from the official FCA register.