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CONC TP 5 Transitional provisions for prudential provisions in relation to debt management firms

(1)

(2)

Material to which the transitional provision applies

(3)

(4)

Transitional provision

(5)

Transitional provision: dates in force

(6)

Handbook provision coming into force

5.1

CONC 10.3.3 R

A firm can calculate its prudential resources without deducting items 2 and 3 in CONC 10.3.3 R

From 1 April 2014 to 31 March 2017

1 April 2014

5.2

CONC 10.3.5 R

b = items 1, 4 and 5 in the Table of items which must be deducted from a firm's prudential resources (see CONC 10.3.3 R)

From 1 April 2014 to 31 March 2017

1 April 2014

5.3

CONC 10.3.6 G

The guidance at CONC 10.3.6 G should be read in the light of TP 5. 2

From 1 April 2014 to 31 March 2017

1 April 2014