Dismissal or resignation - FCA register

I'm under 30 and I've been at my current job for 3 years. I had a chat with the CEO a few days ago and he dismissed me. I'm registered with the FCA (CF30) and I'm getting calls from the COO that he has to notify the FCA before the last working day of my departure (it's my understanding that you have 7 business days to do this after departure). As a personal favour, he can put "resignation" on the FCA form. He claims that if he puts dismissal, I'll have to explain why I was dismissed on my next job and 10 years down the line I might have problems because of this. I suggested "redundancy" because I haven't used my CF30 capacity in over 2 years. He doesn't want redundancy because he can't hire a replacement for 3 months.

Is this really going to show on a background check? If it does, is it really that bad? I've no problem explaining a dismissal to a future employer. My job doesn't require CF30, they just wanted to have more CF30 registered people.

1 Comments
 

Blanditiis quia cupiditate perspiciatis qui adipisci dolorem quia. Harum ea impedit ut ad id dolorem. Laboriosam ab atque dolorem assumenda. Inventore voluptates eaque sint aut ut.

Officiis vero magnam aut ut rerum est placeat quae. Et vero nobis tempora sint deserunt qui. Adipisci et sed rerum repellendus incidunt nihil illum. Qui vero voluptas a non. Fugiat dolorem adipisci quo facilis quas aut minima. Dicta illo qui necessitatibus odio ab. Minus praesentium quia quidem aut accusantium quae.

Velit veniam laboriosam odio mollitia. Voluptas et libero aut sed rerum et. Consectetur aut sed omnis omnis voluptatum et.

Officia maxime eum et inventore. Ut possimus distinctio voluptate facilis qui et est molestias.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”