DEC 3 Annex 1 Statutory notice procedure: Supervisory notice procedure

53(4)/(7)/(8)(b)

when the FSA is exercising its own-initiative power to vary a firm's Part IV permission

Variation of Part IV permission on the FSA's own initiative

SUP 7

RDC / executive procedures (Note)

78(2)/(5)2

when the FSA is proposing/discontinues the listing of a security

LR 5

RDC/Executive procedures

78(2)/(5)2

when the FSA is proposing/suspends the listing of a security

LR 5

Executive procedures

87O(2)/(5)2

when the FSA is proposing/deciding to exercise or deciding to maintain, vary or revoke any of the powers in sections 87K or 87L in respect of an infringement of any applicable provision.

PR 5

Executive procedures

96C2

when the FSA is proposing/suspends trading in a financial instrument

DTR

Executive procedures

197(3)/ (6)/(7)(b)

when the FSA is exercising its power of intervention in respect of an incoming firm

Intervention against incoming firms

SUP 7

RDC / executive procedures (Note)

259(3)/(8)/(9) (b)

when the FSA is exercising its power to give or, on its own initiative, to vary a direction to the manager and trustee of an AUT

Collective investment schemes

RDC

268(3)/(7)(a) or (9)(a) (as a result of (8)(b)/(13))

when the FSA is proposing/deciding to give or, on its own initiative, to vary a direction to the operator of a recognised scheme

Collective investment schemes

RDC1

282 (3)/(6)/(7)(b)

when the FSA is exercising its power to give a direction to an operator, trustee or depositary of a recognised scheme

Collective investment schemes

RDC

321(2)/(5)

when the FSA is exercising its power to impose a requirement on a former underwriting member of Lloyd's

None

RDC

OEIC Regulations reference

Description

Handbook reference

Decision maker

Regulation 27

when the FSA is exercising its power to give or, on its own initiative, to vary a direction to an ICVC and its depositary

Collective investment schemes

RDC

Note: The decision will be made by the RDC if it involves a fundamental change (see DEC 4.1.5 G) to the nature of a permission.