DISP Sch 2 Notification requirements
The aim of the guidance in the following table is to give the reader a quick overall view of the relevant requirements for notification and reporting. |
It is not a complete statement of those requirements and should not be relied on as if it were. |
Handbook reference |
Matter to be notified |
Contents of notification |
Trigger event |
Time allowed |
Firm qualifies for exemption |
Confirmation that a firm does not do business with eligible complainants and has no reasonable likelihood of doing so |
Conditions in DISP 1.1.7 R apply |
N/A |
|
End of exemption |
Confirmation that the conditions in DISP 1.1.7 no longer apply |
Conditions in DISP 1.1.7 no longer apply |
As soon as reasonably practicable |
|
Complaints report |
Details |
- 6 months preceding the accounting reference date2 2 |
2 | |
Single contact point |
Details |
At the time of authorisation or on subsequent change |
Not specified |
|
Member of Lloyd's qualifies for exemption |
Confirmation by the Society of Lloyd's that a specified member of Lloyd's does not do business with eligible complainants and has no reasonable likelihood of doing so |
[As above] |
N/A |
|
End of exemption for member of Lloyd's |
Confirmation by the Society of Lloyd's that the condition in DISP 1.1.7 no longer apply to a specified member of Lloyd's |
Conditions in DISP 1.1.7 no longer apply |
Not specified |
|
Complaints report by Society of Lloyd's |
Details |
- 30 September - 31 March each year |
One month |
|
| 3101 | Relevant business conducted |
The total amount of relevant business (measured in accordance with the appropriate tariff base(s)) which the firm conducted as at or in the year to 31 December as appropriate, in relation to the tariff base for each of the relevant industry blocks set out in FEES 5 Annex 1 R310 310 |
N/A |
By the end of February each year |