Dowgate Wealth Limited

Limits on what they may do

• This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
• Restriction on onboarding new clients

  1. The Firm will cease onboarding any New Clients with immediate effect, unless it has obtained the Authority’s prior written consent or as otherwise permitted under paragraph 2. 2. By way of exception, the Firm may submit a written request to the Authority seeking prior approval to onboard New Clients. 3. Any request under paragraph 2 must: a) be submitted to the Authority in advance of Onboarding; b) include the full details of the services the Firm will be providing to those New Clients; c) be limited to a maximum of 10 New Clients per week; and d) be used solely for the purpose of testing the Firm’s Revised Onboarding Processes in connection with its Retail Client Repapering Exercise. 4. Any approval granted by the Authority under paragraph 2 will be at the Authority’s discretion. 5. The Firm must not cancel or amend the Service Level of any Existing Service Arrangements in place with Existing Clients as at the date of this VREQ without prior written approval from the Authority. Notification requirements 6. A Senior Management Function holder of the Firm must provide written confirmation to the Authority that it is in compliance with these Requirements by email by 14:00 every Friday, until such time as it is notified in writing by the Authority that it may cease to do so. Secure records 7. The Firm must continue to secure all books and records and preserve all information and systems which may be relevant to demonstrating compliance with these Requirements and must retain these in a form such that they can be provided to the Authority promptly upon request. Effective date 8. The Requirements in this application supersede the Requirements agreed to in the Voluntary Application for Imposition of Requirements dated 18 December 2024 and 29 August 2025.