ATCS Sch 2 Notification and reporting requirements
1It is not a complete statement of those requirements and should not be relied on as if it were.
1The relevant Handbook references should be consulted to see who is subject to each notification or reporting requirement, and who the notification or report must be made to.
Handbook reference |
Matter to be notified |
Contents of notification |
Trigger event |
Time allowed |
Details of relevant closure including those set out in ATCS 2.1.2R(3) |
Designated firm decision, or being satisfied a relevant closure will happen |
As soon as reasonably practicable |
||
Where notification given under ATCS 2.1.1R but relevant closure will no longer happen |
Relevant closure will no longer happen |
Designated firm whose cash access facility was the subject of the relevant closure decides or is satisfied that relevant closure will no longer happen |
Promptly |
|
Relevant closure of cash access facility of person other than designated firm |
Information set out in ATCS 2.2.2R(2) |
Designated person aware of relevant closure as a result of publicly available information |
As soon as reasonably practicable |
|
Where notification given under ATCS 2.2.1R but relevant closure will no longer happen |
Relevant closure will no longer happen |
Designated person undertaking cash access assessment satisfied on the basis of publicly available information that relevant closure will no longer happen |
Promptly |
|
The matters set out in ATCS 3.1.2R |
Information set out in ATCS 3.1.2R |
Not specified |
Not specified |
|
Receipt of cash access request by designated person who undertakes cash access assessments under ATCS 4.1.1R(3) |
Copy of cash access request |
Receipt of cash access request |
Promptly |
|
Withdrawal of cash access request |
Cash access request has been withdrawn |
Clear indication in writing by cash access requester to relevant designated person |
Promptly |
|
Ceasing to be participating designated firm |
Cessation of participation, including when due to take place and reason for it |
Participating designated firm aware of cessation of participation |
As soon as reasonably practicable in advance |
|
Substantial changes to policies and procedures in ATCS 7.1.1R |
Description of substantial changes |
Designated person proposes to update policies and procedures |
When the update is proposed |
|
Information from designated firm whose cash access facility is the subject of the relevant closure |
Reason why cash access assessment undertaken, outcome regarding additional cash access services, and information set out in ATCS 8.2.2R |
Completion of relevant cash access assessment |
As soon as reasonably practicable |
|
Changes to information notified under ATCS 8.3.1R |
Changes to the information |
Changes to the information |
As soon as reasonably practicable |
|
Effect of ATCS 9.3.1R(1) |
Change in circumstances and review no longer has to be undertaken (or completed, if already begun) |
When ATCS 8.1.11R applies |
Promptly |