United Kingdom Jurisdictional Addendum (10C)

Last Updated 9 March 2026

1.1 This Addendum applies where:

  • (a) the governing law of the Agreement is England and Wales, Scotland, or Northern Ireland;
  • (b) the Client is incorporated or registered in the United Kingdom; or
  • (c) the Services relate to United Kingdom clients or personal data subject to United Kingdom data protection law.

1.2 This Addendum forms part of the Agreement and prevails over the Terms of Service to the extent of any inconsistency.

2. Regulatory Responsibility (Financial Services)

2.1 Where the Client is:

  • (a) authorised and regulated by the Financial Conduct Authority (FCA); or
  • (b) an appointed representative of an FCA-authorised firm,

the Client acknowledges that it retains sole responsibility for compliance with:

  • (i) the Financial Services and Markets Act 2000 (FSMA);
  • (ii) the FCA Handbook, including SYSC (Senior Management Arrangements, Systems and Controls) and COBS (Conduct of Business Sourcebook);
  • (iii) all FCA permissions and licence conditions;
  • (iv) the Consumer Duty and suitability requirements; and
  • (v) Senior Managers and Certification Regime (SM&CR) obligations.

2.2 Felcorp does not:

  • (a) hold FCA authorisation;
  • (b) provide regulated financial advice; or
  • (c) act as a representative of the Client for regulatory purposes,

unless expressly agreed in writing.

2.3 The Client remains responsible for:

  • (a) review and approval of all advice documents;
  • (b) supervision of outsourced functions; and
  • (c) ensuring compliance with financial services law.

3. FCA Outsourcing Compliance

3.1 The parties acknowledge that under FCA rules (including SYSC 8 and the FCA's guidance on outsourcing), regulated firms remain responsible for outsourced functions and must maintain adequate oversight.

3.2 The Client must:

  • (a) maintain appropriate supervision of outsourced personnel consistent with FCA requirements;
  • (b) conduct its own risk assessment of the outsourcing arrangement; and
  • (c) implement monitoring and review procedures consistent with its FCA obligations.

3.3 Nothing in the Agreement transfers regulatory responsibility to Felcorp.

4. Privacy and Personal Data

4.1 Where personal data is handled in connection with the Services, the parties agree to comply with the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.

4.2 The Client:

  • (a) warrants that it has obtained all required consents to disclose personal data to Felcorp; and
  • (b) authorises Felcorp to process personal data solely for the purposes of providing the Services.

4.3 Where personal data is disclosed to offshore personnel, the Client acknowledges that:

  • (a) the Client's obligations as a data controller under UK GDPR remain with the Client, including ensuring an adequate basis for international transfers under Chapter V of UK GDPR; and
  • (b) the Client authorises such cross-border disclosure for the purposes of the Services.

4.4 Felcorp will implement reasonable technical and organisational measures consistent with its Data Protection Policy, Privacy Policy, and the Terms of Service.

4.5 For the purposes of the UK GDPR, the Client is the data controller and Felcorp is a data processor acting on the Client's instructions. Where Felcorp processes personal data on behalf of the Client, the terms of this clause 4 constitute the written agreement required under Article 28 of the UK GDPR. Felcorp will:

  • (a) process personal data only on documented instructions from the Client, unless required to do so by applicable law;
  • (b) ensure that persons authorised to process personal data have committed themselves to confidentiality or are under an appropriate statutory obligation of confidentiality;
  • (c) implement appropriate technical and organisational measures to ensure a level of security appropriate to the risk, as required by Article 32 of the UK GDPR; and
  • (d) at the Client's election, delete or return all personal data to the Client after the end of the provision of the Services, and delete existing copies unless applicable law requires storage.

4.6 Felcorp will notify the Client without undue delay, and no later than 72 hours, after becoming aware of a personal data breach as defined in Article 4(12) of the UK GDPR. Felcorp will provide sufficient information to enable the Client to:

  • (a) assess its notification obligations to the Information Commissioner's Office (ICO) under Article 33 of the UK GDPR; and
  • (b) notify affected data subjects under Article 34 of the UK GDPR where required.

4.7 Where personal data is transferred from the United Kingdom to a country that has not received an adequacy decision, the parties will enter into the UK International Data Transfer Agreement or UK Addendum to the EU Standard Contractual Clauses (as applicable) to provide appropriate safeguards for the transfer under Chapter V of the UK GDPR.

4.8 Felcorp will assist the Client in conducting Data Protection Impact Assessments (DPIAs) under Article 35 of the UK GDPR where the processing of personal data under the Services is likely to result in a high risk to the rights and freedoms of data subjects.

4.9 Where Felcorp engages a sub-processor to assist in providing the Services and that sub-processor will have access to personal data, Felcorp will:

  • (a) obtain specific or general written authorisation from the Client before engaging the sub-processor, in accordance with Article 28(2) of the UK GDPR;
  • (b) impose on the sub-processor the same data protection obligations as set out in this clause 4, by way of a written contract; and
  • (c) remain fully liable to the Client for the performance of the sub-processor's obligations.

5. Accounting and Professional Standards (Where Applicable)

5.1 Where Services relate to accounting, tax, or bookkeeping support, the Client acknowledges it remains responsible for compliance with:

  • (a) applicable ICAEW, ACCA, or CIMA professional standards;
  • (b) the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017);
  • (c) HMRC requirements for tax agents; and
  • (d) Companies Act 2006 requirements (where applicable).

5.2 Felcorp will:

  • (a) deliver Services within the agreed scope;
  • (b) maintain internal quality control systems; and
  • (c) provide reasonable cooperation to support the Client's professional obligations.

5.3 Felcorp is not a registered auditor, licensed insolvency practitioner, or HMRC-registered tax agent under United Kingdom law.

6. Consumer Protection

6.1 Nothing in the Agreement or the Terms of Service excludes, restricts, or modifies any right or remedy conferred by the Consumer Rights Act 2015 or other applicable United Kingdom consumer protection legislation which cannot lawfully be excluded.

6.2 Where liability cannot be excluded under United Kingdom law, liability is limited to the extent permitted by law.

7. Work Health and Safety (WHS)

7.1 Where the Services involve interaction with United Kingdom premises or personnel, each party must comply with applicable health and safety legislation, including the Health and Safety at Work etc. Act 1974.

7.2 The Client remains responsible for workplace safety at its premises.

8. Governing Law and Jurisdiction

8.1 The Agreement is governed by the laws of the jurisdiction specified in the Engagement Letter (England and Wales, Scotland, or Northern Ireland as applicable).

8.2 The parties submit to the exclusive jurisdiction of the courts of that jurisdiction.

9. Interaction with the Terms of Service

9.1 If any provision of the Terms of Service is inconsistent with mandatory United Kingdom law, the provision shall be read down to the extent required to comply with United Kingdom law.

9.2 All other provisions of the Terms of Service remain in full force and effect.