FCA Handbook
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High Level Standards
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PRIN Principles for Businesses
- PRIN 1 Introduction
- PRIN 2 The Principles
- PRIN 3 Rules about application
- PRIN TP 1 Transitional provisions
- PRIN Sch 1 Record Keeping Requirements
- PRIN Sch 2 Notification requirements
- PRIN Sch 3 Fees and other required payments
- PRIN Sch 4 Powers Exercised
- PRIN Sch 5 Rights of action for damages
- PRIN Sch 6 Rules that can be waived
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SYSC Senior Management Arrangements, Systems and Controls
- SYSC 1 Application and purpose
- SYSC 2 Senior management arrangements
- SYSC 3 Systems and Controls
- SYSC 3A Operational Risk: Systems and Controls
- SYSC 4 Guidance on Public Interest Disclosure Act: Whistleblowing
- SYSC App 1 Matters reserved to a Home State regulator (see SYSC 1.1.1 R (1)(b) and SYSC 1.1.1 R (1)(c))
- SYSC TP 1 Transitional provisions
- SYSC Sch 1 Record keeping requirements
- SYSC Sch 2 Notification requirements
- SYSC Sch 3 Fees and other required payments
- SYSC Sch 4 Powers exercised
- SYSC Sch 5 Rights of action for damages
- SYSC Sch 6 Rules that can be waived
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COND Threshold Conditions
- COND 1 Introduction
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COND 2 The threshold conditions
- COND 2.1 Threshold condition 1: Legal status
- COND 2.2 Threshold condition 2: Location of offices
- COND 2.2A Threshold condition 2A: Appointment of claims representatives
- COND 2.3 Threshold condition 3: Close links
- COND 2.4 Threshold condition 4: Adequate resources
- COND 2.5 Threshold condition 5: Suitability
- COND 2.6 Additional conditions
- COND 2 Annex 1 The threshold conditions
- COND TP 1 Transitional Provisions
- COND Sch 1 Record keeping requirements
- COND Sch 2 Notification requirements
- COND Sch 3 Fees and other required payments
- COND Sch 4 Powers exercised
- COND Sch 5 Rights of action for damages
- COND Sch 6 Rules that can be waived
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APER Statements of Principle and Code of Practice for Approved Persons
- APER 1 Application and purpose
- APER 2 The Statements of Principle for Approved Persons
- APER 3 Code of Practice for Approved Persons: general
- APER 4 Code of Practice for Approved Persons: specific
- APER TP 1 Transitional Provisions
- APER Sch 1 Record keeping requirements
- APER Sch 2 Notification requirements
- APER Sch 3 Fees and required payments
- APER Sch 4 Powers exercised
- APER Sch 5 Rights of action for damages
- APER Sch 6 Rules that can be waived
- FIT The Fit and Proper test for Approved Persons
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GEN General Provisions
- GEN 1 FSA approval and emergencies
- GEN 2 Interpreting the Handbook
- GEN 4 Statutory status disclosure
- GEN 5 The FSA logo and the Key facts logo
- GEN 6 Insurance against financial penalties
- GEN TP 1 Transitional provisions
- GEN Sch 1 Record keeping requirements
- GEN Sch 2 Notification requirements
- GEN Sch 3 Fees and other required payments
- GEN Sch 4 Powers exercised
- GEN Sch 5 Rights of action for damages
- GEN Sch 6 Rules that can be waived
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FEES Fees Manual
- FEES 1 Fees Manual
- FEES 2 General Provisions
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FEES 3 Application, Notification and Vetting Fees
- FEES 3.1 Introduction
- FEES 3.2 Obligation to pay fees
- FEES 3 Annex 1 Authorisation fees payable
- FEES 3 Annex 2 Application and notification fees payable in relation to collective investment schemes
- FEES 3 Annex 3 Application fees payable in connection with Recognised Investment Exchanges and Recognised Clearing Houses
- FEES 3 Annex 4 Application and tranche fees in relation to listing rules fees in relation to listing rules
- FEES 3 Annex 5 Document vetting and approval fees in relation to listing and prospectus rules
- FEES 3 Annex 6 Fees payable for a waiver (or concession) or guidance on the availability of either in connection with rules implementing Basel Capital Accord
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FEES 4 Periodic fees
- FEES 4.1 Introduction
- FEES 4.2 Obligation to pay periodic fees
- FEES 4.3 Periodic fee payable by firms (other than ICVCs and UCITS qualifiers)
- FEES 4.4 Information on which Fees are calculated
- FEES 4 Annex 1 Activity groups, tariff bases and valuation dates applicable
- FEES 4 Annex 2 Fee tariff rates, permitted deductions and EEA/Treaty firm modifications for the period from 1 April 2006 to 31 March 2007
- FEES 4 Annex 3 Transaction reporting fees
- FEES 4 Annex 4 Periodic fees in relation to collective investment schemes payable for the period 1 April 2006 to 31 March 2007
- FEES 4 Annex 5 Periodic fees for designated professional bodies payable in relation to the period 1 April 2006 to 31 March 2007
- FEES 4 Annex 6 Periodic fees for recognised investment exchanges and recognised clearing houses payable in relation to the period 1 April 2006 to 31 March 2007
- FEES 4 Annex 7 Periodic fees in relation to the Listing Rules for the period 1 April 2006 to 31 March 2007
- FEES 4 Annex 8 Periodic fees in relation to the disclosure rules and transparency rules for the period 1 April 2006 to 31 March 2007
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FEES 5 Financial Ombudsman Service Funding
- FEES 5.1 Application and Purpose
- FEES 5.2 Introduction
- FEES 5.3 The general levy
- FEES 5.4 Information requirement
- FEES 5.5 Case fees
- FEES 5.6 The supplementary levy
- FEES 5.7 Payment
- FEES 5.8 Joining the Financial Ombudsman Service
- FEES 5.9 Leaving the Financial Ombudsman Service
- FEES 5 Annex 1R Annual Fees Payable in Relation to 2006/07
- FEES 6 Financial Services Compensation Scheme Funding
- FEES TP 1 Transitional Provisions
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PRIN Principles for Businesses
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Prudential Standards
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PRU Integrated Prudential sourcebook
- PRU 1 Application and general requirements
- PRU 2 Capital
- PRU 3 Credit risk
- PRU 4 Market risk
- PRU 5 Liquidity
- PRU 6 Operational risk
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PRU 7 Insurance risk
- PRU 7.1 Insurance risk systems and controls
- PRU 7.2 Capital resources requirements and technical provisions for insurance business
- PRU 7.3 Mathematical reserves
- PRU 7.4 With-profits insurance capital component
- PRU 7.5 Equalisation provisions
- PRU 7.6 Internal-contagion risk
- PRU 7 Annex 1G PRU 7.3 (Mathematical reserves) and PRU 7.4(With-profits insurance capital component)
- PRU 8 Group risk
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PRU 9 Insurance mediation & mortgage mediation, lending and administration
- PRU 9.1 Responsibility for insurance mediation activity
- PRU 9.2 Professional indemnity insurance requirements for insurance and mortgage mediation activities
- PRU 9.3 Capital resources for insurance and mortgage mediation activity and mortgage lending and administration
- PRU 9.4 Insurance undertakings and mortgage lenders using insurance or mortgage mediation services
- PRU 9 Annex 1 Example of the application of PRU 9.1.3 R, PRU 9.1.4 R, PRU 9.1.8 R and PRU 9.1.10 R
- PRU TP 1 Transitional Provisions
- PRU Sch 1 Record keeping requirements
- PRU Sch 2 Notification requirements
- PRU Sch 3 Fees and other required payments
- PRU Sch 4 Powers exercised
- PRU Sch 5 Rights of action for damages
- PRU Sch 6 Rules that can be waived
- IPRU-BANK Interim Prudential sourcebook for Banks
- IPRU-BSOC Interim Prudential sourcebook for Building Societies
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PRU Integrated Prudential sourcebook
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Business Standards
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COB Conduct of Business
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COB 1 General application
- COB 1.1 Application and Purpose
- COB 1.2 General application: who?
- COB 1.3 General application: what?
- COB 1.4 General Application: where?
- COB 1.5 Application to Occupational pension scheme firms ('OPS firms')
- COB 1.6 Application to stock lending activity, corporate finance business, oil market activity and energy market activity
- COB 1.7 Appointed representatives
- COB 1.8 Application to electronic media
- COB 1.9 Application in relation to electronic commerce activities and communications
- COB 1.10 Application of the Distance Marketing Directive and the Distance Marketing Regulations
- COB 1.11 Application of COB in relation to deposits
- COB 2 Rules which apply to all firms conducting designated investment business
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COB 3 Financial promotion
- COB 3.1 Application: who?
- COB 3.2 Application: what?
- COB 3.3 Application: where?
- COB 3.4 Purpose
- COB 3.5 General
- COB 3.6 Confirmation of compliance
- COB 3.7 Records
- COB 3.8 Form and content of financial promotions
- COB 3.9 Direct offer financial promotions
- COB 3.10 Unsolicited real time financial promotions
- COB 3.11 Unregulated collective investment schemes and qualified investor schemes
- COB 3.12 Communication and approval of financial promotions for an overseas person or an unauthorised person
- COB 3.13 Additional requirements for financial promotions for an overseas long-term insurer
- COB 3.14 The internet and other electronic media
- COB 3 Annex 1 An overview of some of the main exemptions contained in the Financial Promotion Order
- COB 3 Annex 2 Contents of Enterprise Investment Scheme particulars (R)
- COB 3 Annex 3 Additional contents of Enterprise Investment Scheme particulars (Private Offer of Enterprise Investment Scheme Shares) (R)
- COB 3 Annex 4 Additional guidance on particular types of financial promotion
- COB 3 Annex 5 Permitted promotion of unregulated collective investment schemes and qualified investor schemes. (R)
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COB 4 Accepting customers
- COB 4.1 Client classification
- COB 4.2 Terms of business and client agreements with customers
- COB 4.3 Disclosing information about services, fees and commission - packaged products
- COB 4 Annex 1 Exemptions from terms of business requirement
- COB 4 Annex 2 Terms of business content - general
- COB 4 Annex 3 Terms of business content - managing investments
- COB 4 Annex 4 Initial disclosure document required by COB 4.3.9R(1) ("IDD")
- COB 4 Annex 5 Combined initial disclosure document required by COB 4.3.9R(2) ("CIDD")Combined initial disclosure document ("CIDD")
- COB 4 Annex 6 Fees and Commission Statement template and completion notes
- COB 4 Annex 7R Identifying the maximum rate of commission (or equivalent), the market average and the example
- COB 4 Annex 8 Worked example of commission disclosure in a fees and commission statement
- COB 4 Annex 9 Example of a completed fees and commission statement
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COB 5 Advising and selling
- COB 5.1 Advising on packaged products
- COB 5.2 Know your customer
- COB 5.3 Suitability
- COB 5.4 Customers' understanding of risk
- COB 5.5 Information about the firm
- COB 5.6 Excessive charges
- COB 5.7 Disclosure of charges, remuneration and commission
- COB 5.8 Customers introduced to clearing firms by introducing brokers and overseas introducing brokers
- COB 5.10 Corporate finance business issues
- COB 5 Annex 1 Warrants and derivatives risk warning notice (E)
- COB 5 Annex 2 Dealing in securities which may be subject to stabilisation (E)
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COB 5A Providing basic advice on stakeholder products
- COB 5A.1 Providing basic advice on stakeholder products
- COB 5A.2 Disclosure on making first contact: information about services
- COB 5A.3 Scope and range of advice on stakeholder products: general
- COB 5A.4 Providing basic advice on stakeholder products through scripted questions
- COB 5A Annex 1 Sales processes for stakeholder products
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COB 6 Product disclosure and the customer's right to cancel or withdraw
- COB 6.1 Product disclosure
- COB 6.2 Provisions of key features or simplified prospectus
- COB 6.3 Post-sale confirmation: life policies
- COB 6.4 Product disclosure: special situations
- COB 6.5 Content of key features and important information: life policies, key features schemes, ISA and CTF cash deposit components and stakeholder pension schemes
- COB 6.6 Projections
- COB 6.7 Cancellation and withdrawal
- COB 6.8 Insurance contracts: life policies
- COB 6.10 Principles and Practices of Financial Management (PPFM)
- COB 6.11 Reporting to with-profits policyholders on compliance with PPFM
- COB 6.12 Treating with-profits policyholders fairly
- COB 6.13 Process for reattribution of inherited estates
- COB 6 Annex 1 Decision trees for stakeholder pension schemes (as required in COB 6.5.8R): text, content and format (R)
- COB 6 Annex 2 Total expense ratio calculation
- COB 6 Annex 3 Portfolio turnover calculation
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COB 7 Dealing and managing
- COB 7.1 Conflict of interest and material interest
- COB 7.2 Churning and switching
- COB 7.3 Dealing ahead of investment research
- COB 7.4 Customer order priority
- COB 7.5 Best execution
- COB 7.6 Timely execution
- COB 7.7 Aggregation and allocation
- COB 7.8 Realisation of a private customer's assets
- COB 7.9 Lending to private customers
- COB 7.10 Margin requirements
- COB 7.11 Non-exchange traded securities
- COB 7.12 Customer order and execution records
- COB 7.13 Personal account dealing
- COB 7.14 Programme trading
- COB 7.15 Non-market-price transactions
- COB 7.16 Investment research
- COB 7.17 Investment research recommendations: required disclosures
- COB 7.18 Use of dealing commission
- COB 8 Reporting to customers
- COB 8A Claims handling
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COB 9 Client assets
- COB 9.1 These provisions have been moved to the Client Assets sourcebook (CASS)
- COB 9.2 These provisions have been moved to the Client Assets sourcebook (CASS)
- COB 9.3 These provisions have been moved to the Client Assets sourcebook (CASS)
- COB 9.4 These provisions have been moved to the Client Assets sourcebook (CASS)
- COB 9.5 These provisions have been moved to the Client Assets sourcebook (CASS)
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COB 10 Operators of collective investment schemes
- COB 10.1 Application
- COB 10.2 Application of general COB rules
- COB 10.3 Modification of the allocation rule
- COB 10.4 Suitability of the portfolio of an unregulated collective investment scheme
- COB 10.5 Modification of the best execution rule
- COB 10.6 Scheme documents for an unregulated collective investment scheme
- COB 10.7 Periodic statements for an unregulated collective investment scheme
- COB 11 Trustee and depositary activities
- COB 12 Lloyd's
- COB App 1 Appendix 1
- COB TP 1 Transitional Rules for pre-N2 and ex-Section 43 firms at N2
- COB TP2 Client classification transitional provisions at N2
- COB TP3 Transitional Rules for ex-RPB firms
- COB TP 4 Miscellaneous transitional provisions applying to all firms
- COB TP5 Distance Marketing Directive transitional rules (applicable to all firms)
- COB TP6 Transitional rules for depolarisation (applicable to all firms)
- COB TP7 Transitional rules for carrying on with-profits business
- COB Sch 1 Record keeping requirements
- COB Sch 2 Notification requirements
- COB Sch 3 Fees and other required payments
- COB Sch 4 Powers Exercised
- COB Sch 5 Rights of actions for damages
- COB Sch 6 Rules that can be waived
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COB 1 General application
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ICOB Insurance: Conduct of Business
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ICOB 1 Application and purpose
- ICOB 1.1 Application and purpose
- ICOB 1.2 General application: who? what?
- ICOB 1.3 General application: where?
- ICOB 1.4 Application in respect of electronic commerce activities and communications
- ICOB 1.5 Summary of Handbook provisions for insurance intermediaries
- ICOB 1.6 Application to appointed representatives
- ICOB 1.7 Guidance on application of the Distance Marketing Regulations and expressions derived from the Distance Marketing Directive
- ICOB 1 Annex 1 Summary of the application of the chapters of ICOB
- ICOB 1 Annex 2 Summary of Handbook provisions for insurance intermediaries
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ICOB 2 General rules (including unfair inducements)
- ICOB 2.1 Application: who?
- ICOB 2.2 Communication
- ICOB 2.3 Inducements
- ICOB 2.4 Reliance on others
- ICOB 2.5 Exclusion of liability
- ICOB 2.6 Application to electronic media
- ICOB 2.7 General provision related to distance contracts
- ICOB 2.8 Record keeping
- ICOB 2.9 Communications with customers
- ICOB 2.10 Excessive charges to retail customers
- ICOB 3 Financial promotion
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ICOB 4 Advising and selling standards
- ICOB 4.1 Application and purpose
- ICOB 4.2 Status disclosure
- ICOB 4.3 Suitability
- ICOB 4.4 Statement of demands and needs
- ICOB 4.6 Commission disclosure for commercial customers
- ICOB 4.7 Unsolicited services
- ICOB 4.8 Language of the information provided to customers
- ICOB 4 Annex 1 Initial disclosure document ("IDD")
- ICOB 4 Annex 2 Combined initial disclosure document ("CIDD") [deleted - see COB 4 Annex 5]
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ICOB 5 Product disclosure
- ICOB 5.1 Application and purpose
- ICOB 5.2 Information - responsibilities of insurers and intermediaries
- ICOB 5.3 Provision of information to retail customers
- ICOB 5.4 Provision of information to commercial customers
- ICOB 5.5 Information form and content
- ICOB 5.6 White labelling
- ICOB 5.7 Record keeping
- ICOB 6 Cancellation
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ICOB 7 Claims handling
- ICOB 7.1 Application and purpose
- ICOB 7.2 Group policies and third party claimants
- ICOB 7.3 Claims handling: general
- ICOB 7.4 Duties of insurance intermediaries
- ICOB 7.5 Retail customers: performance standards for handling claims
- ICOB 7.6 Motor vehicle liability insurers: claims representatives
- ICOB 7.7 Record keeping
- ICOB 8 Distance non-investment mediation contracts with retail customers
- ICOB TP 1 Transitional Provisions
- ICOB Sch 1 Record Keeping Requirements
- ICOB Sch 2 Notification Requirements
- ICOB Sch 3 Fees and other required payments
- ICOB Sch 4 Powers exercised
- ICOB Sch 5 Rights of action for damages
- ICOB Sch 6 Rules that can be waived
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ICOB 1 Application and purpose
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MCOB Mortgages: Conduct of Business
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MCOB 1 Application and purpose
- MCOB 1.1 Application and purpose
- MCOB 1.2 General application: who? what?
- MCOB 1.3 General application: where?
- MCOB 1.4 Application of the Handbook in relation to mortgages
- MCOB 1.5 Application to appointed representatives
- MCOB 1.6 Application in relation to the Consumer Credit Act 1974
- MCOB 1 Annex 1 Summary of firm types and of the regulated mortgage activities
- MCOB 1 Annex 2 Summary of the tailored provisions in MCOB that apply to regulated mortgage contracts that are for a business purpose and are not with large business customers
- MCOB 1 Annex 3 Summary of the application of the chapters of MCOB
- MCOB 1 Annex 4 Summary of the application of the Handbook to firms carrying on regulated mortgage activities and firms that communicate or approve qualifying credit promotions
- MCOB 2 Conduct of business standards: general
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MCOB 3 Financial Promotion
- MCOB 3.1 Application: who?
- MCOB 3.2 Application: what?
- MCOB 3.3 Application: where?
- MCOB 3.4 Purpose
- MCOB 3.5 General
- MCOB 3.6 Form and content of non-real time qualifying credit promotions
- MCOB 3.7 Unsolicited real time qualifying credit promotions
- MCOB 3.8 Form and content of real time qualifying credit promotions
- MCOB 3.9 Confirmation of compliance
- MCOB 3.10 Records
- MCOB 3.11 Communication and approval of qualifying credit promotions for an overseas person or an unauthorised person
- MCOB 3.12 The Internet and other electronic media
- MCOB 3 Annex 1 Examples of qualifying credit promotions
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MCOB 4 Advising and selling standards
- MCOB 4.1 Application
- MCOB 4.2 Purpose
- MCOB 4.3 Scope of service provided
- MCOB 4.4 Initial disclosure requirements
- MCOB 4.5 Additional disclosure for distance mortgage mediation contracts with retail customers
- MCOB 4.6 Cancellation of distance mortgage mediation contracts
- MCOB 4.7 Advised sales
- MCOB 4.8 Non-advised sales
- MCOB 4.9 Business loans
- MCOB 4 Annex 1 Initial disclosure document ("IDD")
- MCOB 4 Annex 2 Combined initial disclosure document ('CIDD')
- MCOB 4 Annex 3 Additional information requirements in respect of distance mortgage mediation contracts with retail customers
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MCOB 5 Pre-application disclosure
- MCOB 5.1 Application
- MCOB 5.2 Purpose
- MCOB 5.3 Applying for a regulated mortgage contract
- MCOB 5.4 Illustrations: general
- MCOB 5.5 Provision of illustrations
- MCOB 5.6 Content of illustrations
- MCOB 5.7 Business loans
- MCOB 5 Annex 1 The illustration: table of contents, prescribed text and prescribed section headings and subheadings.
- MCOB 6 Disclosure at the offer stage
- MCOB 7 Disclosure at start of contract and after sale
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MCOB 8 Lifetime mortgages: advising and selling standards
- MCOB 8.1 Application
- MCOB 8.2 Purpose
- MCOB 8.3 Application of rules in MCOB 4
- MCOB 8.4 Initial disclosure requirements: Home reversion schemes
- MCOB 8.5 Advised sales
- MCOB 8.6 Non-advised sales
- MCOB 8 Annex 1 Initial disclosure document ("IDD")
- MCOB 8 Annex 2 Combined initial disclosure document ("CIDD")
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MCOB 9 Lifetime Mortgage: product disclosure
- MCOB 9.1 Application
- MCOB 9.2 Purpose
- MCOB 9.3 Pre-application disclosure
- MCOB 9.4 Content of illustrations
- MCOB 9.5 Disclosure at the offer stage for lifetime mortgages
- MCOB 9.6 Disclosure at the start of the contract and after sale for lifetime mortgages
- MCOB 9.7 Disclosure at the start of the contract
- MCOB 9.8 Disclosure after sale
- MCOB 9 Annex 1 The illustration: table of contents, prescribed text and prescribed section headings and subheadings (R).
- MCOB 10 Annual Percentage Rate
- MCOB 11 Responsible lending
- MCOB 12 Charges
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MCOB 13 Arrears and repossessions
- MCOB 13.1 Application
- MCOB 13.2 Purpose
- MCOB 13.3 Dealing fairly with customers in arrears: policy and procedures
- MCOB 13.4 Arrears: provision of information to the customer
- MCOB 13.5 Dealing with a customer in arrears or with a mortgage shortfall debt
- MCOB 13.6 Repossessions
- MCOB 13.7 Business loans
- MCOB TP 1 Transitional Provisions
- MCOB Sch 1 Record keeping requirements
- MCOB Sch 2 Notification Requirements
- MCOB Sch 3 Fees and other required payments
- MCOB Sch 4 Powers exercised
- MCOB Sch 5 Rights of action for damages
- MCOB Sch 6 Rules that can be waived
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MCOB 1 Application and purpose
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CASS Client Assets
- CASS 1 Application and general provisions
- CASS 2 Client assets
- CASS 3 Collateral
- CASS 4 Client money and mandates: designated investment business
-
CASS 5 Client money and mandates: insurance mediation activity
- CASS 5.1 Application
- CASS 5.2 Holding money as agent of insurance undertaking
- CASS 5.3 Statutory trust
- CASS 5.4 Non-statutory client money trust
- CASS 5.5 Segregation and the operation of client money accounts
- CASS 5.6 Client money distribution
- CASS 5.7 Mandates
- CASS 5.8 Safe keeping of client's documents and other assets
- CASS 5 Annex 1 Segregation of designated investments: permitted investments, general principles and conditions (This Annex belongs to CASS 5.5.14 R)
- CASS TP 1 Transitional Provisions
- CASS Sch 1 Record keeping requirements
- CASS Sch 2 Notification requirements
- CASS Sch 3 Fees and other required payments
- CASS Sch 4 Powers exercised
- CASS Sch 5 Rights of actions for damages
- CASS Sch 6 Rules that can be waived
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MAR Market Conduct
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MAR 1 The Code of Market Conduct
- MAR 1.1 Application and interpretation
- MAR 1.2 Market Abuse: general
- MAR 1.3 Market abuse (insider dealing)
- MAR 1.4 Market abuse (improper disclosure)
- MAR 1.5 Market abuse (misuse of information)
- MAR 1.6 Market abuse (manipulating transactions)
- MAR 1.7 Market abuse (manipulating devices)
- MAR 1.8 Market abuse (dissemination)
- MAR 1.9 Market abuse (misleading behaviour) & market abuse (distortion)
- MAR 1.10 Statutory exceptions
- MAR 1 Annex 1 Provisions of the Buy-back and Stabilisation Regulation relating to buy-back programmes
- MAR 1 Annex 2 Accepted Market Practices
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MAR 2 Stabilisation
- MAR 2.1 Application and Purpose
- MAR 2.2 Stabilisation: general
- MAR 2.3 Stabilisation under the Buy-back and Stabilisation Regulation
- MAR 2.4 Stabilisation when the Buy-back and Stabilisation Regulation does not apply
- MAR 2.5 The Price Stabilising Rules: overseas provisions
- MAR 2 Annex 1 List of specified exchanges (This is the list of other specified exchanges referred to in MAR 2.2.1R(2))
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MAR 3 Inter-Professional Conduct
- MAR 3.1 Application
- MAR 3.2 Purpose
- MAR 3.3 Contents and status of this chapter
- MAR 3.4 Standards expected of firms when undertaking inter-professional business
- MAR 3.5 Transactions at Non-Market Prices
- MAR 3.6 Taping
- MAR 3.7 Firms acting as Wholesale market brokers and those undertaking transactions through them; provisions concerning brokers and arrangers generally
- MAR 3.8 Codes of Practice
- MAR 3 Annex 1 Guidance relevant to MAR 3
- MAR 3 Annex 2 Principles and key COB provisions
- MAR 3 Annex 3 Good market practice and conventions
- MAR 4 Endorsement of the Takeover Code
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MAR 5 Alternative Trading Systems
- MAR 5.1 Application and purpose
- MAR 5.2 Guidance about what constitutes an ATS
- MAR 5.3 Notification of establishment of an ATS
- MAR 5.4 Requirements to be imposed on the Part IV permission of an ATS operator
- MAR 5.5 Parts of the Handbook applicable to the operation of an ATS
- MAR 5 Annex 1 Illustrative form of requirements: Alternative Trading Systems
- MAR TP 1 Transitional Provisions
- MAR Sch 1 Record Keeping requirements
- MAR Sch 2 Notification requirements
- MAR Sch 3 Fees and other required payments
- MAR Sch 4 Powers Exercised
- MAR Sch 5 Rights of action for damages
- MAR Sch 6 Rules that can be waived
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MAR 1 The Code of Market Conduct
- TC Training and Competence
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COB Conduct of Business
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Regulatory Processes
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AUTH Authorisation (to see AUTH derivations and destinations tables, go to Useful links)
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AUTH 1 Introduction to the Authorisation manual
- AUTH 1.1 Application and purpose
- AUTH 1.2 Introduction
- AUTH 1.3 The Authorisation manual
- AUTH 1.4 The FSA's approach to applications for Part IV permission: an overview
- AUTH 1.5 Understanding the requirements and standards of the regulatory system
- AUTH 1.6 Applying for Part IV permission: overview of the process
- AUTH 1.7 Appointed representatives
- AUTH 1.8 What other general guidance is available from the FSA?
- AUTH 1.9 Next steps?
- AUTH 1 Annex 1 Introduction to the Authorisation Manual
-
AUTH 3 Applications for Part IV permission
- AUTH 3.1 Application and purpose
- AUTH 3.2 Introduction
- AUTH 3.3 When is Part IV permission required and what does it contain?
- AUTH 3.4 Activities
- AUTH 3.5 Specified investments
- AUTH 3.6 Limitations
- AUTH 3.7 Requirements
- AUTH 3.8 The threshold conditions and financial resources
- AUTH 3.9 Procedures in relation to applications for Part IV permission
- AUTH 3.10 The FSA register
- AUTH 3.11 Specific obligations: partnerships or unincorporated associations
- AUTH 3.12 Specific obligations: applicants seeking to carry on insurance business
- AUTH 3.13 Specific obligations: applicants seeking to carry on the regulated activities of accepting deposits or issuing electronic money
- AUTH 3.14 Specific obligations: applicants seeking to hold or control client money
- AUTH 3.15 Specific obligations: applicants seeking to manage PEPS or ISAS
- AUTH 3.16 Specific obligations: applicants seeking to establish, operate or wind up a stakeholder pension scheme
- AUTH 3.17 Specific obligations: applicants seeking to establish a collective investment scheme or to act as manager of a regulated collective investment scheme
- AUTH 3.18 Specific obligations: additional considerations for applicants (other than EEA firms or Treaty firms) with a head office in a country of territory outside the United Kingdom seeking to establish a branch in the United Kingdom
- AUTH 3.19 Specific obligations: applications in connection with group-restructuring
- AUTH 3.20 Specific obligations: applicants seeking to establish a branch in, or provide services into, another EEA State
- AUTH 3.21 Treaty firms applying for Part IV Permission
- AUTH 3.22 Specific issues: applicants that are limited partnerships under the Limited Partnerships Act 1907
- AUTH 3.23 Specific issues: applicants that are limited liability partnerships
- AUTH 3.24 Specific obligations: applicants wishing to operate an ATS
- AUTH 3 Annex 1 Application for Part IV Permission
- AUTH 3 Annex 2
- AUTH 3 Annex 3 Determination of an applicant's prudential category
- AUTH 6 Approved persons
- AUTH TP 1 Transitional Provisions
- AUTH Sch 1 Record Keeping Requirements
- AUTH Sch 2 Notification Requirements
- AUTH Sch 3 Fees and other required payments
- AUTH Sch 4 Powers exercised
- AUTH Sch 5 Rights of action for damages
- AUTH Sch 6 Rules that can be waived
-
AUTH 1 Introduction to the Authorisation manual
-
SUP Supervision
- SUP 1 The FSA's approach to supervision
- SUP 2 Information gathering by the FSA on its own initiative
-
SUP 3 Auditors
- SUP 3.1 Application
- SUP 3.2 Purpose
- SUP 3.3 Appointment of auditors
- SUP 3.4 Auditors' qualifications
- SUP 3.5 Auditors' independence
- SUP 3.6 Firms' cooperation with their auditors
- SUP 3.7 Notification of matters raised by auditor
- SUP 3.8 Rights and duties of auditors
- SUP 3.9 Duties of auditors: reports on certain investment business firms
- SUP 3.10 Duties of auditors: notification and report on client assets
- SUP 4 Actuaries
-
SUP 5 Reports by skilled persons
- SUP 5.1 Application and purpose
- SUP 5.2 The FSA's power
- SUP 5.3 Policy on the use of skilled persons
- SUP 5.4 Appointment and reporting process
- SUP 5.5 Duties of firms
- SUP 5.6 Confidential information and privilege
- SUP 5 Annex 1 Examples of when the FSA may use the skilled person tool (This Annex belongs to SUP 5.3.1G)
- SUP 5 Annex 2 An overview of the appointment and report development process
-
SUP 6 Applications to vary and cancel Part IV permission
- SUP 6.1 Application and purpose
- SUP 6.2 Introduction
- SUP 6.3 Applications for variation of permission
- SUP 6.4 Applications for cancellation of permission
- SUP 6.5 Ending authorisation
- SUP 6 Annex 1 Applications for variation and cancellation of Part IV permission
- SUP 6 Annex 2 Summary of procedures on application for variation of Part IV permission
- SUP 6 Annex 3 Summary of procedures on application for cancellation of Part IV permission
- SUP 6 Annex 4 Additional guidance for a firm winding down (running off) its business
- SUP 6 Annex 5 Variation of permission application form
- SUP 6 Annex 6 Cancellation of permission application form
- SUP 7 Individual requirements
-
SUP 8 Waiver and modification of rules
- SUP 8.1 Application and purpose
- SUP 8.2 Introduction
- SUP 8.3 Applying for a waiver
- SUP 8.4 Reliance on waivers
- SUP 8.5 Notification of altered circumstances relating to waivers
- SUP 8.6 Publication of waivers
- SUP 8.7 Varying waivers
- SUP 8.8 Revoking waivers
- SUP 8.9 Decision making
- SUP 8 Annex 1 SUP 8: Waiver and modification of rules
- SUP 8 Annex 2 Application form for a waiver or modification of rules
- SUP 9 Individual guidance
-
SUP 10 Approved persons
- SUP 10.1 Application
- SUP 10.2 Purpose
- SUP 10.3 Provisions related to the act
- SUP 10.4 Specification of functions
- SUP 10.5 Significant influence functions
- SUP 10.6 Governing functions
- SUP 10.7 Required functions
- SUP 10.8 Systems and control functions
- SUP 10.9 Significant management functions
- SUP 10.10 Customer functions
- SUP 10.11 Procedures relating to approved persons
- SUP 10.12 Application for approval and withdrawing an application for approval
- SUP 10.13 Changes to an approved person's details
- SUP 10.14 Further questions
- SUP 10 Annex 1 Frequently asked questions
- SUP 10 Annex 2 Approved person regime: summary of forms and their use
- SUP 10 Annex 3 Summary of procedures on applications for approved status
- SUP 10 Annex 4 Form A: Application to perform controlled functions under the approved person regime
- SUP 10 Annex 5 Form B: Notice to withdraw an application to perform controlled functions under the approved persons regime
- SUP 10 Annex 6 Form C: Notice of ceasing to perform controlled functions
- SUP 10 Annex 7 Form D: Notification of changes in personal information or application details
- SUP 10 Annex 8 Form E: Internal transfer of an approved person
-
SUP 11 Controllers and close links
- SUP 11.1 Application
- SUP 11.2 Purpose
- SUP 11.3 Requirements on controllers or proposed controllers under the Act
- SUP 11.4 Requirements on firms
- SUP 11.5 Form of notification by firms
- SUP 11.6 Subsequent notification requirements by firms
- SUP 11.7 Acquisition or increase of control: approval procedures
- SUP 11.8 Changes in the circumstances of existing controllers
- SUP 11.9 Changes in close links
- SUP 11 Annex 1 Summary of notification requirements
- SUP 11 Annex 2 Guidance on events requiring approval
- SUP 11 Annex 3 Summary of procedures on a notification of a change in control
-
SUP 12 Appointed representatives
- SUP 12.1 Application and purpose
- SUP 12.2 Introduction
- SUP 12.3 What responsibility does a firm have for its appointed representatives ?
- SUP 12.4 What must a firm do when it appoints an appointed representative or an EEA tied agent?
- SUP 12.5 Contracts: required terms
- SUP 12.6 Continuing obligations of firms with appointed representatives
- SUP 12.7 Notification requirements
- SUP 12.8 Termination of a relationship with an appointed representative
- SUP 12.9 Record keeping
- SUP 12 Annex 1 Guidance on steps a firm should take in assessing the financial position of an appointed representative (other than an introducer appointed representative). See SUP 12.4.3 G
- SUP 12 Annex 2 Guidance on information firms should take reasonable steps to obtain to verify and to assess the fitness and propriety of an appointed representative (other than an introducer appointed representative). See SUP 12.4.4 G (1).
- SUP 12 Annex 3 Appointed representative appointment form
- SUP 12 Annex 4 Appointed representative notification form
- SUP 12 Annex 5 Appointed representative termination form
-
SUP 13 Exercise of passport rights by UK firms
- SUP 13.1 Application and purpose
- SUP 13.2 Introduction
- SUP 13.3 Establishing a branch in another EEA State
- SUP 13.4 Providing cross border services into another EEA State
- SUP 13.5 Notices of intention
- SUP 13.6 Changes to branches
- SUP 13.7 Changes to cross border services
- SUP 13.8 Changes of details: provision of notices to the FSA
- SUP 13.10 Applicable provisions
- SUP 13.11 Record keeping
- SUP 13.12 Sources of further information
- SUP 13 Annex 1 Requisite details: branches R
- SUP 13 Annex 2 Relevant UK details: branches of insurance undertakings R
- SUP 13 Annex 3 Specified information: Cross Border Services
-
SUP 13A Qualifying for authorisation under the Act
- SUP 13A.1 Application and purpose
- SUP 13A.2 EEA firms and Treaty firms
- SUP 13A.3 Qualifications for authorisation under the Act
- SUP 13A.4 EEA firms establishing a branch in the United Kingdom
- SUP 13A.5 EEA firms providing cross border services into the United Kingdom
- SUP 13A.6 Which rules will an incoming EEA firm be subject to?
- SUP 13A.7 Top-up permission
- SUP 13A.8 Sources of further information
- SUP 13A Annex 1 Application of the Handbook to Incoming EEA Firms
-
SUP 14 Incoming EEA firms changing details, and cancelling qualification for authorisation
- SUP 14.1 Application and purpose
- SUP 14.2 Changes to branch details
- SUP 14.3 Changes to cross border services
- SUP 14.4 Notices of proposed changes: form and delivery
- SUP 14.5 Variation of a top-up permission to carry on regulated activities outside the scope of the Single Market Directives
- SUP 14.6 Cancelling qualification for authorisation
- SUP 14.7 Cancellation of a top-up permission to carry on regulated activities outside the scope of the Single Market Directives
- SUP 14.8 Further guidance
-
SUP 15 Notifications to the FSA
- SUP 15.1 Application
- SUP 15.2 Purpose
- SUP 15.3 General notification requirements
- SUP 15.4 Notified persons
- SUP 15.5 Core information requirements
- SUP 15.6 Inaccurate, false or misleading information
- SUP 15.7 Form and method of notification
- SUP 15.8 Notification in respect of particular products and services
- SUP 15.9 Notifications by members of financial conglomerates
- SUP 15.10 Reporting suspicious transactions (market abuse)
- SUP 15 Annex 1 Application of SUP 15 to incoming EEA firms and incoming Treaty firms
- SUP 15 Ann 2 Form F
- SUP 15 Ann 3 Standing data form
- SUP 15 Ann 4 Notification form
- SUP 15 Ann 5 Indications of Possible Suspicious Transactions
-
SUP 16 Reporting requirements
- SUP 16.1 Application
- SUP 16.2 Purpose
- SUP 16.3 General provisions on reporting
- SUP 16.4 Annual controllers report
- SUP 16.5 Annual Close Links Reports
- SUP 16.6 Compliance reports
- SUP 16.7 Financial reports
- SUP 16.8 Persistency reports from insurers and data reports on stakeholder pensions
- SUP 16.9 Appointed representatives annual report
- SUP 16.10 Verification of standing data
- SUP 16.11 Product Sales Data Reporting
- SUP 16 Annex 1 Banks' reporting forms
- SUP 16 Annex 2 Guidance notes on form 1R
- SUP 16 Annex 3 Building societies' reporting forms
- SUP 16 Annex 4 Guidance notes on form 3R
- SUP 16 Annex 5 Investment Management firms' reporting forms and requirements applying to their completion
- SUP 16 Annex 6R Persistency report
- SUP 16 Annex 9R Annual questionnaire for authorised professional firms
- SUP 16 Annex 10 Securities and Futures firms' reporting forms and requirements applying to their completion
- SUP 16 Annex 11 Guidance Notes on Completion of Securities and Futures Firms Reporting Forms
- SUP 16 Annex 12 Reports from trustees of AUTs and depositaries of ICVCs
- SUP 16 Annex 13 Return cover sheet
- SUP 16 Annex 14 Quarterly and annual returns for Credit Unions
- SUP 16 Annex 15 Notes on completing the quarterly and annual returns for Credit Unions
- SUP 16 Annex 16 UCITS management companies reporting forms and requirements applying to their completion
- SUP 16 Annex 16A Standing data (See SUP 16.10.4 R)
- SUP 16 Annex 17 Consolidated financial resources return for investment management firms
- SUP 16 Annex 18 [deleted]
- SUP 16 Annex 18A Retail Mediation Activities Return ('RMAR')
- SUP 16 Annex 18B Notes for Completion of the Retail Mediation Activities Return ('RMAR')
- SUP 16 Annex 19A Mortgage Lending and Administration Return ('MLAR')
- SUP 16 Annex 19B Notes for Completion of the Mortgage Lending and Administration Return ('MLAR')
- SUP 16 Annex 20 Products covered by the reporting requirement in SUP 16.11
- SUP 16 Annex 21 Reporting Fields
- SUP 16 Annex 22 Consolidated supervision return for investment firms
- SUP 16 Annex 23 Consolidated supervision return for investment firms (Notes)
-
SUP 17 Transaction reporting
- SUP 17.1 Application
- SUP 17.2 Purpose
- SUP 17.3 Introduction
- SUP 17.4 Obligation to make transaction reports
- SUP 17.5 Reportable transactions
- SUP 17.6 Transaction reports
- SUP 17.7 Method of making transaction reports
- SUP 17 Annex 1 Exchanges relevant for SUP 17.4.2R (2)
- SUP 17 Annex 2 Mandatory fields for reporting systems
- SUP 17 Annex 3 Manual transaction reporting form
- SUP 17 Annex 4 Market identifier codes (Listed alphabetically by exchange)
- SUP 17 Annex 5 Regulated markets
-
SUP 18 Transfers of business
- SUP 18.1 Application
- SUP 18.2 Insurance business transfers
- SUP 18.3 Insurance business transfers outside the United Kingdom
- SUP 18.4 Friendly Society transfers and amalgamations
- SUP 18 Annex 1 Friendly Society transfer or amalgamation (Information requirements related to Schedule 15 Friendly Societies Act 1992) (This belongs to SUP 18.4.22G)
- SUP 21 Waiver
-
SUP App 1 Prudential categories and sub-categories
- SUP App 1.1 Application
- SUP App 1.2 Purpose
- SUP App 1.3 Prudential categories and sub-categories
- SUP App 1.4 Relevance of prudential categories
- SUP App 1.5 Determining the prudential categories of a firm
- SUP App 1.6 Changing prudential category after authorisation
- SUP App 1.7 Prudential categories and sub-categories
- SUP App 1.8 Notes to Figures 1 and 2
-
SUP App 2 Insurers: Regulatory intervention points and run-off plans
- SUP App 2.1 Application
- SUP App 2.2 Interpretation
- SUP App 2.3 Purpose
- SUP App 2.4 Capital resources below guarantee fund
- SUP App 2.5 Capital resources below required margin of solvency
- SUP App 2.6 Capital resources below capital resources requirement
- SUP App 2.7 Capital resources below the level of individual capital guidance
- SUP App 2.8 Ceasing to effect contracts of insurance
- SUP App 2.9 Under control of a new parent undertaking
- SUP App 2.10 Grant or variation of permission
- SUP App 2.11 Submission of a scheme of operations or a plan for restoration
- SUP App 2.12 Content of a scheme of operations
- SUP App 2.13 Obligations on firms which have previously submitted a scheme of operations
- SUP App 2.14 Financial Recovery Plan
- SUP App 2.15 Run-off plans for closed with-profits funds
-
SUP App 3 Guidance on passporting issues
- SUP App 3.1 Application
- SUP App 3.2 Purpose
- SUP App 3.3 Background
- SUP App 3.6 Freedom to provide services
- SUP App 3.9 Mapping of the Investment Services Directive , Banking Consolidation Directive, UCITS Directive and Insurance Mediation Directive to the Regulated Activities Order
- SUP App 3.10 Mapping of Insurance Directives to the Regulated Activities Order
- SUP TP 1 Transitional provisions
- SUP Sch 1 Record keeping requirements
- SUP Sch 2 Notification requirements
- SUP Sch 4 Powers exercised
- SUP Sch 5 Rights of actions for damages
- SUP Sch 6 Rules that can be waived
-
ENF Enforcement
- ENF 1 Introduction to the Enforcement manual
-
ENF 2 Information gathering and investigation powers
- ENF 2.1 Application and purpose
- ENF 2.2 Introduction
- ENF 2.3 The FSA's powers to gather information and investigate
- ENF 2.4 Powers of FSA investigators
- ENF 2.5 The FSA's policy on exercising its powers: firms, approvedpersons, and others
- ENF 2.6 The FSA's policy on investigations into suspected market misconduct
- ENF 2.7 The FSA's policy on investigations into unauthorised business
- ENF 2.8 The FSA's policy for exercising its power to conduct investigations to assist overseas authorities
- ENF 2.9 The FSA's policy on investigations into collective investment schemes under section 284
- ENF 2.10 Protected items, banking confidentiality, and admissibility
- ENF 2.11 The FSA's policy on investigators and control of investigations
- ENF 2.12 The FSA's policy on notification to the person under investigation
- ENF 2.13 Publicity
- ENF 2.14 The FSA's policy: interviews and interview procedures
- ENF 2.15 The FSA's powers to enforce requirements
- ENF 2 Annex 1 Information gathering and investigation powers
- ENF 2 Annex 2 Statement of policy on section 169(7) interviews (see ENF 2.8)
- ENF 2 Annex 3 Summary of the FSA's information-gathering and investigation powers referred to in ENF 2.5
-
ENF 3 Variation of Part IV permission on the FSA's own initiative
- ENF 3.1 Application and purpose
- ENF 3.2 The FSA's powers to vary Part IV permission on its own initiative
- ENF 3.3 Grounds for exercising the power to vary Part IV permission
- ENF 3.4 The FSA's duty to ensure that firms satisfy the threshold conditions
- ENF 3.5 The FSA's policy on exercising its own-initiative power
- ENF 3.6 Statutory procedure and the FSA's decision-making processes
- ENF 3.7 Publicity
-
ENF 4 Intervention against incoming firms
- ENF 4.1 Application and purpose
- ENF 4.2 The FSA's power to intervene against incoming firms
- ENF 4.3 Grounds for exercising the power of intervention against incoming firms
- ENF 4.4 The FSA's policy on exercising its power of intervention against incoming firms
- ENF 4.5 Statutory procedure and FSA's decision making processes
- ENF 5 Cancellation of Part IV permission on the FSA's own initiative
-
ENF 6 Injunctions
- ENF 6.1 Application and purpose
- ENF 6.2 Introduction
- ENF 6.3 Section 380: the power
- ENF 6.4 Section 381: the power
- ENF 6.5 Asset-freezing injunctions
- ENF 6.6 Section 380 and 381 injunctions: the FSA's policy
- ENF 6.7 Other relevant powers
- ENF 6.8 Section 198
- ENF 6.9 [deleted]
- ENF 6.10 [deleted]
- ENF 6.11 Publication
- ENF 7 Withdrawal of approval
-
ENF 8 Prohibition of individuals
- ENF 8.1 Application and Purpose
- ENF 8.2 Introduction
- ENF 8.3 The FSA's power to make a prohibition order
- ENF 8.4 The FSA's policy on making prohibition orders
- ENF 8.5 Prohibition orders against approved persons
- ENF 8.6 Prohibition orders against individuals employed or formerly employed by firms but who are not approved persons
- ENF 8.7 Prohibition orders against exempt persons and members of professional firms
- ENF 8.8 Prohibition orders against other individuals
- ENF 8.9 Applications for variation or revocation of prohibition orders
- ENF 8.10 Other powers that may be relevant
- ENF 8.11 The effect of the FSA's decision to make a prohibition order
- ENF 8.12 Publication
-
ENF 9 Restitution and redress
- ENF 9.1 Application and purpose
- ENF 9.2 Introduction
- ENF 9.3 The FSA's general approach
- ENF 9.4 The FSA's power to apply to the court for restitution
- ENF 9.5 The FSA's power to require restitution
- ENF 9.6 Criteria for determining whether to exercise powers to obtain restitution
- ENF 9.7 The FSA's choice of powers
- ENF 9.8 Determining the amount of restitution
- ENF 9.9 Other relevant powers
- ENF 9.10 Publication
-
ENF 10 Insolvency proceedings and orders against debt avoidance
- ENF 10.1 Application
- ENF 10.2 Purpose
- ENF 10.3 Introduction
- ENF 10.4 The FSA's general approach
- ENF 10.5 Statutory background: The FSA's powers to seek insolvency orders
- ENF 10.6 The FSA's policy: applications for insolvency orders.
- ENF 10.7 Statutory background: the FSA's powers to challenge voluntary arrangements
- ENF 10.8 The FSA's policy: applications in relation to voluntary arrangements
- ENF 10.9 Statutory background: the FSA's power to apply for orders against debt avoidance
- ENF 10.10 The FSA's policy: applications for orders against debt avoidance
- ENF 10.11 Statutory background: the FSA's rights to information in insolvency regimes
- ENF 10.12 The FSA's arrangements for notification of petitions and other documents
- ENF 10.13 The FSA's policy: rights on petitions by third parties and involvement in creditors meetings
-
ENF 11 Discipline: The FSA's general approach
- ENF 11.1 Application and purpose
- ENF 11.2 Introduction
- ENF 11.3 Private warnings
- ENF 11.4 Criteria for determining whether to take disciplinary action
- ENF 11.5 Action against approved persons
- ENF 11.6 Discipline for breaches of Principles for Businesses
- ENF 11.7 The standard of reasonable care
- ENF 11.8 Action involving other regulatory authorities
- ENF 11.9 Discipline for breaches of the money laundering rules
- ENF 11 Annex 1 Disciplinary action - Firms
- ENF 11 Annex 2 Disciplinary action - approved persons
- ENF 12 Discipline: public censures and public statements
-
ENF 13 Discipline: Financial penalties
- ENF 13.1 Application and purpose
- ENF 13.2 Introduction
- ENF 13.3 Factors relevant to determining the appropriate level of financial penalty
- ENF 13.4 Decision making procedure and publication
- ENF 13.5 Financial penalties for late submission of reports
- ENF 13.6 Breaches of prudential requirements and financial penalties
- ENF 13.7 Discount for early settlement
- ENF 13 Annex 1 Indicative scale of financial penalties for reports no more than 28 business days late (see ENF 13.5)
-
ENF 14 Sanctions for market abuse
- ENF 14.1 Application and purpose
- ENF 14.2 Introduction
- ENF 14.3 Financial penalties and public statements in market abuse cases
- ENF 14.4 Factors relevant to determining whether to take action in market abuse cases
- ENF 14.5 Factors determining whether the FSA may impose a financial penalty in market abuse cases
- ENF 14.6 FSA's choice of powers: financial penalties/public statements
- ENF 14.7 Determining the level of a financial penalty in a market abuse case
- ENF 14.8 Market abuse and breaches of the FSA Principles
- ENF 14.9 Action involving other UK regulatory authorities
- ENF 14.10 The FSA's endorsement of the Takeover Code and the SARs
- ENF 14.11 Action involving overseas authorities
- ENF 14.12 Decision making procedure and publication of sanctions
- ENF 14 Annex 1 Action for financial penalties or public statements in market abuse cases
-
ENF 15 Prosecution of criminal offences
- ENF 15.1 Application and purpose
- ENF 15.2 Introduction
- ENF 15.3 The FSA's power to prosecute criminal offences
- ENF 15.4 The FSA's general approach
- ENF 15.5 The Code for Crown Prosecutors
- ENF 15.6 FSA cautions
- ENF 15.7 Criminal prosecutions in cases of market abuse
- ENF 15.8 Liaison with other prosecuting authorities
- ENF 15 Annex 1 Code for Crown prosecutors
- ENF 16 Collective investment schemes
-
ENF 17 Disqualification of auditors and actuaries
- ENF 17.1 Application and purpose
- ENF 17.2 Introduction
- ENF 17.3 The FSA's power to disqualify auditors and actuaries
- ENF 17.4 The FSA's policy on disqualification of auditors and actuaries
- ENF 17.5 Removal of a disqualification
- ENF 17.6 The effect of a disqualification
- ENF 17.7 Publication of disqualification
-
ENF 18 Disapplication orders against members of the professions
- ENF 18.1 Application and purpose
- ENF 18.2 The FSA's power to make a disapplication order
- ENF 18.3 The FSA's general approach to making disapplication orders
- ENF 18.4 Disapplication orders
- ENF 18.5 Applications for variation or revocation of disapplication orders
- ENF 18.6 Other powers that may be relevant
- ENF 18.7 The effect of a disapplication order
- ENF 18.8 Publication
-
ENF 19 Directions against incoming ECA provider
- ENF 19.1 Application and purpose
- ENF 19.2 Introduction
- ENF 19.3 The FSA's power to make an electronic commerce activity direction
- ENF 19.4 The FSA's policy on the making of electronic commerce activity directions
- ENF 19.5 The FSA's powers where an incoming ECA provider fails to comply with a direction
- ENF 19.6 Decision making
- ENF 19.7 Publicity
- ENF 20 Unfair terms in consumer contracts
-
ENF 21 Official Listing - Investigation powers and discipline
- ENF 21.1 Application and Purpose of this chapter
- ENF 21.2 The FSA's powers to appoint an investigator
- ENF 21.3 The FSA's policy on appointing an investigator, use of investigation powers and control of investigations
- ENF 21.4 The FSA's obligations, powers and policy on various further matters related to investigations
- ENF 21.5 Discipline
- ENF 21.6 Factors relevant to determining whether to take disciplinary action in Part VI cases
- ENF 21.7 Financial penalties in Part VI cases
- ENF 21.8 Public statements of censure
- ENF 21.9 Action involving other regulatory authorities
- ENF 21.10 Cancellation of approval as a sponsor
- ENF TP1 Transitional provisions
- ENF Sch 1 Record keeping requirements
- ENF Sch 2 Notification requirements
- ENF Sch 3 Fees and other required payments
- ENF Sch 4 Powers exercised
- ENF Sch 5 Rights of actions for damages
- ENF Sch 6 Rules that can be waived
-
DEC Decision Making
- DEC 1 Application, Purpose and Introduction
-
DEC 2 Statutory notice procedure: Warning notice and decision notice procedure
- DEC 2.1 Warning notice and decision notice procedure: Introduction
- DEC 2.2 Warning notice procedure
- DEC 2.3 Decision notice procedure
- DEC 2.4 Third party rights and access to FSA material
- DEC 2 Annex 1 Statutory notice procedure: Warning notice and decision notice procedure
- DEC 2 Annex 2 Statutory notice procedure: Warning notice and decision notice procedure
- DEC 2 Annex 3 Statutory notice procedure: Warning notice and decision notice procedure
- DEC 2 Annex 4 Statutory notice procedure: Warning notice and decision notice procedure
- DEC 2 Annex 5 Specimen Warning Notice
- DEC 2 Annex 6 Specimen Decision Notice
- DEC 3 Statutory notice procedure: Supervisory notice procedure
-
DEC 4 The decision maker
- DEC 4.1 Allocation of decision making
- DEC 4.2 The Regulatory Decisions Committee
- DEC 4.3 Executive procedure for statutory notice decisions and statutory notice associated decisions
- DEC 4.4 Representations
- DEC 4.5 Delegation of RDC decisions and modified RDC procedures
- DEC 4.6 Decisions to apply to the civil courts and to prosecute criminal offences
- DEC 5 References to the Tribunal, publication and service of notices
-
DEC App 1 Settlement procedure and mediation scheme for FSA enforcement cases
- DEC App 1.1 Introduction
- DEC App 1.2 Settlement
- DEC App 1.3 Mediation
- DEC App 1.4 Scope and availability of the mediation scheme
- DEC App 1.5 Mediation provider
- DEC App 1.6 Starting the mediation
- DEC App 1.7 Setting up the mediation
- DEC App 1.8 Preliminary meeting
- DEC App 1.9 Termination of the mediation
- DEC App 1.10 Result of the mediation
- DEC App 1.11 Advisers
- DEC App 1.12 Review of mediation procedure
- DEC App 1.13 Position of third parties on settlement
- DEC TP 1 Transitional provisions
- DEC Sch 1 Record keeping requirements
- DEC Sch 2 Notification requirements
- DEC Sch 3 Fees and other required payments
- DEC Sch 4 Powers exercised
- DEC Sch 5 Rights of action for damages
- DEC Sch 6 Rules that can be waived
-
AUTH Authorisation (to see AUTH derivations and destinations tables, go to Useful links)
-
Redress
-
DISP Dispute Resolution: Complaints
- DISP INTRO Introduction
-
DISP 1 Complaint handling procedures for firms
- DISP 1.1 Application and Purpose
- DISP 1.2 Internal complaint handling procedures: general requirements
- DISP 1.3 Internal complaint handling procedures: additional requirements
- DISP 1.4 Time limits for dealing with a complaint
- DISP 1.5 Record keeping and reporting
- DISP 1.6 Cooperation by firms with the Ombudsman
- DISP 1.7 The Society of Lloyd's
- DISP 1 Annex 1 Complaints return form
-
DISP 2 Jurisdiction of the Financial Ombudsman Service
- DISP 2.1 Application and Purpose
- DISP 2.2 Which complaints can be dealt with under the Financial Ombudsman Service?
- DISP 2.3 Time Limits for referral of complaints to the Financial Ombudsman Service
- DISP 2.4 Who can refer a complaint to the Financial Ombudsman Service?
- DISP 2.5 Which firms are subject to the jurisdiction of the Financial Ombudsman Service?
- DISP 2.6 To which activities do the rules apply?
- DISP 2.7 The territorial scope of the jurisdiction of the Financial Ombudsman Service
-
DISP 3 Complaint handling procedures of the Financial Ombudsman Service
- DISP 3.1 Application and Purpose
- DISP 3.2 The investigation and consideration of complaints by the Ombudsman
- DISP 3.3 Dismissal of complaints without consideration of the merits
- DISP 3.4 Referral of a complaint to another complaints scheme for determination
- DISP 3.5 Evidence
- DISP 3.6 Time limits
- DISP 3.7 Delegation of the Ombudsman's powers
- DISP 3.8 Determination by the Ombudsman
- DISP 3.9 Awards by the Ombudsman
- DISP 3.10 Dealing with information
- DISP 4 Standard terms
-
DISP App 1 Relevant Existing Complaints
- DISP App 1.1 Application and Purpose
- DISP App 1.2 Eligible complaint
- DISP App 1.3 Eligible complainant
- DISP App 1.4 Time limits
- DISP App 1.5 Determination of complaints
- DISP App 1.6 Criteria for determining complaints
- DISP App 1.7 Awards and remedies
- DISP App 1.8 Extent to which awards are binding
- DISP App 1.9 Complaints determined before commencement
- DISP App 1.10 Enforceability of awards
- DISP App 1.11 Costs
- DISP App 1.12 Funding and fees
- DISP App 1.13 Time limits, record keeping and reporting requirements
- DISP App 1.14 Cooperation with the Ombudsman
- DISP App 2 Handling Mortgage Endowment Complaints
- DISP TP 1 Transitional provisions
- DISP Sch 1 Record keeping requirements
- DISP Sch 2 Notification requirements
- DISP Sch 3 Fees and other required payment
- DISP Sch 4 Powers Exercised
- DISP Sch 5 Actions for damages for contravention under section 150 of the Act
- DISP Sch 6 Rules that can be waived
-
COMP Compensation
- COMP INTRO Introduction
- COMP 1 Introduction and Overview
- COMP 2 The FSCS
- COMP 3 The qualifying conditions for compensation
- COMP 4 Eligible claimants
- COMP 5 Protected claims
- COMP 6 Relevant persons in default
- COMP 7 Assignment of rights
- COMP 8 Rejection of application and withdrawal of offer
- COMP 9 Time limits on payment and postponing payment
- COMP 10 Limits on the amount of compensation payable
- COMP 11 Payment of compensation
- COMP 12 Calculating compensation
- COMP 14 Participation by EEA Firms
- COMP TP 1 Transitional Provisions
- COMP Sch 1 Record-keeping requirements
- COMP Sch 2 Notification requirements
- COMP Sch 3 Fees and other required payments
- COMP Sch 4 Powers Exercised
- COMP Sch 5 Rights of action for damages
- COMP Sch 6 Rules that can be waived
-
COAF Complaints against the FSA
- COAF 1 Complaints against the FSA
- COAF 2 Transitional complaints scheme
- COAF TP 1 Transitional Provisions
- COAF Sch 1 Record keeping requirements
- COAF Sch 2 Notification requirements
- COAF Sch 3 Fees and other required payments
- COAF Sch 4 Powers exercised
- COAF Sch 5 Rights of action for damages
- COAF Sch 6 Rules that can be waived
-
DISP Dispute Resolution: Complaints
-
Specialist sourcebooks
-
CIS Collective Investment Schemes
- CIS 1 Introduction - Collective investment schemes sourcebook
-
CIS 2 Constitution
- CIS 2.1 Introduction
- CIS 2.2 The instrument constituting the scheme
- CIS 2.3 UCITS obligations
- CIS 2.4 Share classes
- CIS 2.5 Denomination of shares and their sub-division and consolidation
- CIS 2.6 Units and classes of units in AUTs
- CIS 2.7 Undesirable and misleading names
- CIS 2.8 Guarantees and Capital Protection
- CIS 3 Prospectus
- CIS 4 Single-pricing and dealing
- CIS 5 Investment and borrowing powers
-
CIS 5A Investment and borrowing powers
- CIS 5A.1 Introduction
- CIS 5A.2 General investment powers and limits for authorised funds
- CIS 5A.3 Eligible markets regime
- CIS 5A.4 Securities schemes
- CIS 5A.5 Money market schemes
- CIS 5A.6 Futures and options schemes
- CIS 5A.7 Geared futures and options schemes
- CIS 5A.8 Property schemes
- CIS 5A.9 Warrant schemes
- CIS 5A.10 Feeder funds
- CIS 5A.11 Fund of funds schemes
- CIS 5A.12 Umbrella schemes
- CIS 5A.13 Efficient portfolio management
- CIS 5A.14 Stock lending
- CIS 5A.15 Cash, borrowing, lending and other provisions
- CIS 5A.16 Cover for sales
- CIS 6 Title, transfer and plan registers
-
CIS 7 Powers & Duties
- CIS 7.1 Introduction
- CIS 7.2 Directors
- CIS 7.3 Functions of the ACD
- CIS 7.4 The depositary
- CIS 7.5 The ICVC, its directors and the depositary
- CIS 7.6 Committee, appointments and conflicts of interest
- CIS 7.7 AUTs: powers and duties
- CIS 7.8 The manager
- CIS 7.9 The trustee
- CIS 7.10 The manager and the trustee
- CIS 7.11 New managers and trustees
- CIS 7 Annex 1 G Valuation and Pricing of authorised funds
- CIS 8 Charges and Expenses
- CIS 9 Income
- CIS 10 Report and Accounts
- CIS 11 Meetings of holders, amendments to the scheme and service of notices
- CIS 12 Special Provisions for Certain Types of Scheme
- CIS 13 Suspension and resumption of dealings
- CIS 14 Termination of Authorised funds
- CIS 15 Dual-pricing and dealing
- CIS 16 Application and notification
- CIS 17 Recognised schemes
- CIS App 1 Correction of box management errors
- CIS TP 1 Transitional Provisions
- CIS Sch 1 Record keeping requirements
- CIS Sch 2 Notification requirements
- CIS Sch 3 Fees and other required payments
- CIS Sch 4 Powers Exercised
- CIS Sch 5 Rights of action for damages
- CIS Sch 6 Rules that can be waived
-
COLL New Collective Investment Schemes
- COLL 1 Introduction
- COLL 2 Authorised fund applications
- COLL 3 Constitution
- COLL 4 Investor Relations
- COLL 5 Investment and borrowing powers
-
COLL 6 Operating duties and responsibilities
- COLL 6.1 Introduction and Application
- COLL 6.2 Dealing
- COLL 6.3 Valuation and pricing
- COLL 6.4 Title and registers
- COLL 6.5 Appointment and replacement of the authorised fund manager and the depositary
- COLL 6.6 Powers and duties of the scheme, the authorised fund manager, and the depositary
- COLL 6.7 Payments
- COLL 6.8 Income: accounting, allocation and distribution
- COLL 6.9 Independence, names and UCITS business restrictions
- COLL 7 Suspension of dealings and termination of authorised funds
- COLL 8 Qualified investor schemes
- COLL 9 Recognised schemes
- COLL TP 1 Transitional Provisions
- COLL Sch 1 Record keeping requirements
- COLL Sch 2 Notification requirements
- COLL Sch 3 Fees and other required payments
- COLL Sch 4 Powers exercised
- COLL Sch 5 Rights of action for damages
- COLL Sch 6 Rules that can be waived
-
CRED Credit Unions
- CRED 1 Introduction
- CRED 2
- CRED 3 The FSA's Principles for Businesses
- CRED 4 Senior management arrangements, Systems and Controls
- CRED 5 Threshold conditions
- CRED 6 The Approved persons regime
- CRED 7 Investment and borrowing
- CRED 7A Shares and deposits
- CRED 8 Capital
- CRED 9 Liquidity
- CRED 10 Lending to members
- CRED 11 Conduct of business
-
CRED 13
- CRED 13.1 Application and purpose
- CRED 13.2 Introduction
- CRED 13.2A Use of name "credit union"
- CRED 13.3 What does registration mean?
- CRED 13.4 Process for registration
- CRED 13.5 What does authorisation involve?
- CRED 13.6 Process for Part IV permission
- CRED 13.7 Applying for approved persons status
- CRED 13 Annex 1 Requirements of Registration
- CRED 13 Annex 1A Common bond
- CRED 13 Annex 1B Section 1 of the Credit Unions Act 1979 (as amended)
- CRED 13 Annex 1C Qualifications approved by the FSA (and the Registry of Friendly Societies)
- CRED 13 Annex 2 Eligibility for membership of a credit union
-
CRED 14 Supervision
- CRED 14.1 The FSA's approach to supervision
- CRED 14.2 Information gathering by the FSA on its own initiative
- CRED 14.3 Auditors
- CRED 14.4 Skilled persons
- CRED 14.5 Applications to vary or cancel Part IV permission
- CRED 14.6 Individual requirements
- CRED 14.7 Waiver and modification of rules
- CRED 14.8 Individual guidance
- CRED 14.9 Notifications to the FSA
- CRED 14.10 Reporting requirements
- CRED 14 Annex 1 Accounts and audit - Friendly and Industrial and Provident Societies Act 1968
-
CRED 15 Enforcement
- CRED 15.1 Application and purpose
- CRED 15.2 Investigation and enforcement powers
- CRED 15.3 The FSA's approach to the use of its investigation and enforcement powers
- CRED 15.4 The FSA's policies and procedures for taking enforcement action
- CRED 15.5 Financial penalties for late submission of reports
- CRED 15 Annex 1 Enforcement Powers
- CRED 15 Annex 2 Enforcement Powers
- CRED 15 Annex 3 Financial penalties
- CRED 16 Decision making
-
CRED 17 Complaint handling procedures for credit unions
- CRED 17.1 Application and Purpose
- CRED 17.2 Internal complaint handling procedures: general requirements
- CRED 17.3 Eligible complainants
- CRED 17.4 Internal complaint handling procedures: additional requirements
- CRED 17.5 Time limits for dealing with a complaint
- CRED 17.6 Record Keeping and Reporting
- CRED 17.7 Cooperation by credit unions with the Ombudsman
- CRED 17 Annex 1 Credit union complaints return
- CRED App 1 Contents of the Handbook
- CRED App 2 The Credit Unions sourcebook
- CRED TP 1 Transitional provisions
- CRED Sch 1 Record keeping requirements
- CRED Sch 2 Notification requirements
- CRED Sch 3 Fees and other required payments
- CRED Sch 4 Powers exercised
- CRED Sch 5 Rights of actions for damages
- CRED Sch 6 Rules that can be waived
- CRED Sch 7 [Deleted]
-
ECO Electronic Commerce Directive
- ECO 1 INCOMING ECA PROVIDERS
- ECO 2 OUTGOING ECA PROVIDERS
- ECO 3 DOMESTIC (AND NON-EEA) ECA PROVIDERS
- ECO TP 1 Transitional Provisions
- ECO Sch 1 Record keeping requirements
- ECO Sch 2 Notification requirements
- ECO Sch 3 Fees and other required payments
- ECO Sch 4 Powers exercised
- ECO Sch 5 Rights of action for damages
- ECO Sch 6 Rules that can be waived
-
ELM Electronic Money
- ELM 1 Application, contents, purpose and general
- ELM 2 Initial and continuing own funds requirements
- ELM 3 Management of the e-money float
- ELM 4 Limitations on activities
- ELM 5 Systems and controls; Rules for making calculations
-
ELM 6 Redemption, information requirements and purse limits
- ELM 6.1 Application
- ELM 6.2 Purpose
- ELM 6.3 Duty to redeem
- ELM 6.4 Exceptions to the duty to redeem
- ELM 6.5 Methods of redemption
- ELM 6.6 Charges for redemption
- ELM 6.7 Terms of redemption
- ELM 6.8 Information
- ELM 6.9 Purse limits and warnings on cards
- ELM 6.10 Establishing to what e-money ELM 6 applies
- ELM 7 Consolidated financial supervision
-
ELM 8 Small e-money issuers
- ELM 8.1 Application
- ELM 8.2 Purpose
- ELM 8.3 Introduction
- ELM 8.4 The conditions for giving a small e-money issuer certificate
- ELM 8.5 Application for a small e-money issuer certificate
- ELM 8.6 Revocation of a small e-money issuer certificate
- ELM 8.7 Provision of information
- ELM 8 Annex 1 Small E-Money Issuer Certificate
- ELM 8 Annex 2 FORM ELM-SI Provision of information from a small electronic money issuer
- ELM TP 1 Transitional Provisions
- ELM Sch 1 Record keeping requirements
- ELM Sch 2 Notification requirements
- ELM Sch 3 Fees and other required payments
- ELM Sch 4 Powers exercised
- ELM Sch 5 Rights of action for damages
- ELM Sch 6 Rules that can be waived
-
LLD Lloyd's
- LLD 1 Society's regulatory functions
- LLD 2 Provision of information
- LLD 3 The Central Fund
- LLD 4 Capacity transfer market
- LLD 5 Former underwriting members
- LLD 6 Complaints from policyholders
- LLD 7 Complaints from members
- LLD 8 Compensation arrangements for individual members
- LLD 8A Compensations arrangements for policyholders
-
LLD 15 Reporting
- LLD 15.1 Application and purpose
- LLD 15.2 Requirement to report to the FSA
- LLD 15.3 Content and form of the Lloyd's Return
- LLD 15.4 Risk groups for general insurance business
- LLD 15.5 Major treaty reinsurers
- LLD 15.6 Major facultative reinsurers
- LLD 15.7 Major reinsurance cedants
- LLD 15.8 Additional information
- LLD 15.9 Certificates and audit report
- LLD 15.11 Public disclosure
- LLD 15.12 Other requirements
- LLD 15.13 Syndicate-level reporting
- LLD 15 Annex 1 Reporting Forms
- LLD 15 Annex 2 Certificate by the Council (see LLD 15.9.1R(1))
- LLD 15 Annex 3 Statement by the Lloyd's actuary (see LLD 15.9.1R(2))
- LLD 15 Annex 4 R Certificate by syndicate actuary (see LLD 15.9.1R(3))
- LLD 15 Annex 5 R Auditors' report (see LLD 15.9.2R)
- LLD 15 Annex 6 R Accounting classes (see LLD 15.3.1R(2))
- LLD 16 General provisions applying PRU to Lloyds
-
LLD 17 Special provisions for Lloyds
- LLD 17.1 Section 150 of the Act (Actions for damages)
- LLD 17.2 Management of insurance business
- LLD 17.3 Obligations under PRU
- LLD 17.4 Management of risk
- LLD 17.5 Approved reinsurance to close
- LLD 17.6 Provision of information by managing agents
- LLD 17.7 Insurance receivables to be carried to trust funds
- LLD 17.8 Amendments to byelaws, trust deeds and standard form letters of credit and guarantees
- LLD 18 Application of PRU 1 to Lloyd's
- LLD 19 Application of PRU 2 to Lloyd's
- LLD 20 Application of PRU 3 to Lloyd's
- LLD 21 Application of PRU 4 to Lloyd's
- LLD 22 Application of PRU 5 to Lloyd's
- LLD 23 Application of PRU 6 to Lloyd's
- LLD 24 Application of PRU 7 to Lloyd's
-
LLD 25 Regulatory intervention points for Lloyd's
- LLD 25.1 Section 150 of the Act (Actions for damages)
- LLD 25.2 Application
- LLD 25.3 Interpretation
- LLD 25.4 Purpose
- LLD 25.5 Capital resources below guarantee fund
- LLD 25.6 Capital resources below required margin of solvency
- LLD 25.7 Capital resources below capital resources requirement
- LLD 25.8 Capital resources below the level of individual capital guidance
- LLD TP 1 Transitional provisions
- LLD Sch 1 Record keeping requirements
- LLD Sch 2 Notification requirements
- LLD Sch 3 Fees and other required payments
- LLD Sch 4 Powers exercised
- LLD Sch 5 Rights of action for damages
- LLD Sch 6 Rules that can be waived
-
PROF Professional Firms
- PROF 1 Professional firms
- PROF 2 Status of exempt professional firm
- PROF 3 The FSA's duties and powers
- PROF 4 Disclosure
- PROF 5 Non-mainstream regulated activities
- PROF 7 Insurance mediation activity
- PROF TP 1 Transitional provisions
- PROF Sch 1 Record keeping requirements
- PROF Sch 2 Notification requirements
- PROF Sch 3 Fees and other required payments
- PROF Sch 4 Powers exercised
- PROF Sch 5 Rights of action for damages
- PROF Sch 6 Rules that can be waived
-
REC Recognised Investment Exchanges and Recognised Clearing Houses
- REC 1 Introduction
-
REC 2 Recognition requirements
- REC 2.1 Introduction
- REC 2.2 Method of satisfying the recognition requirements
- REC 2.3 Financial resources
- REC 2.4 Suitability
- REC 2.5 Systems and controls
- REC 2.5A Guidance on Public Interest Disclosure Act: Whistleblowing
- REC 2.6 General safeguards for investors
- REC 2.7 Access to facilities
- REC 2.8 Settlement and clearing services
- REC 2.9 Transaction recording
- REC 2.10 Financial crime and market abuse
- REC 2.11 Custody
- REC 2.12 Proper markets and disclosure of information (UK RIEs only)
- REC 2.13 Promotion and maintenance of standards
- REC 2.14 Rules and consultation
- REC 2.15 Discipline
- REC 2.16 Complaints
- REC 2.17 Recognition requirements relating to the default rules of UK recognised bodies
-
REC 3 Notification rules for UK recognised bodies
- REC 3.1 Application and purpose
- REC 3.2 Form and method of notification
- REC 3.3 Waivers
- REC 3.4 Key individuals and internal organisation
- REC 3.5 Disciplinary action and events relating to key individuals
- REC 3.6 Constitution and governance
- REC 3.7 Auditors
- REC 3.8 Financial and other information
- REC 3.9 Fees and incentive schemes
- REC 3.10 Complaints
- REC 3.11 Insolvency events
- REC 3.12 Legal proceedings
- REC 3.13 Delegation of relevant functions
- REC 3.14 Products, services and normal hours of operation
- REC 3.15 Suspension of services and inability to operate facilities
- REC 3.16 Information technology systems
- REC 3.17 Inability to discharge regulatory functions
- REC 3.18 Membership
- REC 3.19 Investigations
- REC 3.20 Disciplinary action relating to members
- REC 3.21 Criminal offences and civil prohibitions
- REC 3.22 Restriction of, or instruction to close out, open positions
- REC 3.23 Default
-
REC 4 Supervision
- REC 4.1 Application and purpose
- REC 4.2 The supervisory relationship with UK recognised bodies
- REC 4.3 Risk assessments for UK recognised bodies
- REC 4.4 Complaints
- REC 4.5 FSA supervision of action by UK recognised bodies under their default rules
- REC 4.6 The section 296 power to give directions
- REC 4.7 The section 297 power to revoke recognition
- REC 4.8 The section 298 procedure
- REC 5 Applications for Recognition (UK recognised bodies)
-
REC 6 Overseas Investment Exchanges and Overseas Clearing Houses
- REC 6.1 Introduction and legal background
- REC 6.2 Applications
- REC 6.3 Recognition requirements
- REC 6.4 Competition scrutiny
- REC 6.5 FSA decision on recognition
- REC 6.6 Supervision
- REC 6.7 Notification rules for overseas recognised bodies
- REC 6.8 Powers of direction and revocation of recognition orders
- REC TP 1 Transitional provisions
- REC Sch 1 Record keeping requirements
- REC Sch 2 Notification requirements
- REC Sch 3 Fees and other required payments
- REC Sch 4 Powers exercised
- REC Sch 5 Rights of action for damages
- REC Sch 6 Rules that can be waived
-
CIS Collective Investment Schemes
-
Listing, Prospectus and Disclosure
-
LR Listing Rules
- LR 1 Preliminary
- LR 2 Requirements for listing
- LR 3 Listing applications
- LR 4 Listing particulars for professional securities market and certain other securities
- LR 5 Suspending, cancelling and restoring listing
- LR 6 Additional requirements for listing for equity securities
- LR 7 Listing Principles
- LR 8 Sponsors
-
LR 9 Continuing obligations
- LR 9.1 Preliminary
- LR 9.2 Requirements with continuing application
- LR 9.3 Continuing obligations - holders
- LR 9.4 Documents requiring prior approval
- LR 9.5 Transactions
- LR 9.6 Notifications
- LR 9.7 Preliminary statement of annual results and dividends
- LR 9.8 Annual report and accounts
- LR 9.9 Half-yearly reports
- LR 9 Annex 1 THE MODEL CODE (R)
- LR 10 Significant transactions
- LR 11 Related party transactions
- LR 12 Dealing in own securities and treasury shares
-
LR 13 Contents of circulars
- LR 13.1 Preliminary
- LR 13.2 Approval of circulars
- LR 13.3 Contents of all circulars
- LR 13.4 Class 1 circulars
- LR 13.5 Financial information in Class 1 Circulars
- LR 13.6 Related party circulars
- LR 13.7 Circulars about purchase of own equity securities
- LR 13.8 Other circulars
- LR 13 Annex 1 Class 1 circulars
- LR 14 Secondary listing of overseas companies
- LR 15 Investment entities
- LR 16 Venture capital trusts
- LR 17 Debt and specialist securities
- LR 18 Certificates representing certain securities
- LR 19 Securitised derivatives
- LR App 1 Relevant definitions
- LR App 2 Fees and financial penalty income
- LR App 3 List of Regulatory Information Services
- LR TR 1 Transitional Provisions for Sponsors
- PR Prospectus Rules
- DTR Disclosure Rules and Transparency Rules
-
LR Listing Rules
- Handbook Guides
-
Regulatory Guides
- COLLG The Collective Investment Scheme Information Guide
-
PERG The Perimeter Guidance Manual
- PERG 1 Introduction to the Perimeter Guidance manual
-
PERG 2 Authorisation and regulated activities
- PERG 2.1 Application and purpose
- PERG 2.2 Introduction
- PERG 2.3 The business element
- PERG 2.4 Link between activities and the United Kingdom
- PERG 2.5 Investments and activities: general
- PERG 2.6 Specified investments: a broad outline
- PERG 2.7 Activities: a broad outline
- PERG 2.8 Exclusions applicable to particular regulated activities
- PERG 2.9 Regulated activities: exclusions applicable in certain circumstances
- PERG 2.10 Persons carrying on regulated activities who do not need authorisation
- PERG 2.11 What to do now ?
- PERG 2 Annex 1 Authorisation and regulated activities
- PERG 2 Annex 2 Regulated activities and the permission regime
- PERG 3 Guidance on the scope of the regulated activity of issuing e-money
-
PERG 4 Guidance on regulated activities connected with mortgages
- PERG 4.1 Application and purpose
- PERG 4.2 Introduction
- PERG 4.3 Regulated activities related to mortgages
- PERG 4.4 What is a regulated mortgage contract?
- PERG 4.5 Arranging regulated mortgage contracts
- PERG 4.6 Advising on regulated mortgage contracts
- PERG 4.7 Entering into a regulated mortgage contract
- PERG 4.8 Administering a regulated mortgage contract
- PERG 4.9 Agreeing to carry on a regulated activity
- PERG 4.10 Exclusions applying to more than one regulated activity
- PERG 4.11 Link between activities and the United Kingdom
- PERG 4.12 Appointed representatives
- PERG 4.13 Other exemptions
- PERG 4.14 Mortgage activities carried on by professional firms
- PERG 4.15 Mortgage activities carried on by 'packagers'
- PERG 4.16 Mortgage activities
- PERG 4.17 Interaction with the Consumer Credit Act
- PERG 4.18 Regulated activities related to mortgages: flowchart
-
PERG 5 Guidance on insurance mediation activities
- PERG 5.1 Application and purpose
- PERG 5.2 Introduction
- PERG 5.3 Contracts of insurance
- PERG 5.4 The business test
- PERG 5.5 The regulated activities: dealing in contracts as agent
- PERG 5.6 The regulated activities: arranging deals in, and making arrangements with a view to transactions in, contracts of insurance
- PERG 5.7 The regulated activities: assisting in the administration and performance of a contract of insurance
- PERG 5.8 The regulated activities: advising on contracts of insurance
- PERG 5.9 The Regulated Activities: agreeing to carry on a regulated activity
- PERG 5.10 Renewals
- PERG 5.11 Other aspects of exclusions
- PERG 5.12 Link between activities and the United Kingdom
- PERG 5.13 Appointed representatives
- PERG 5.14 Exemptions
- PERG 5.15 Illustrative tables
- PERG 5.16 Meaning of 'insurance mediation'
- PERG 6 Guidance on the Identification of Contracts of Insurance
- PERG 7 Periodical publications, news services and broadcasts: applications for certification
-
PERG 8 Financial promotion and related activities
- PERG 8.1 Application and purpose
- PERG 8.2 Introduction
- PERG 8.3 Financial promotion
- PERG 8.4 Invitation or inducement
- PERG 8.5 In the course of business
- PERG 8.6 Communicate
- PERG 8.7 Engage in investment activity
- PERG 8.8 Having an effect in the United Kingdom
- PERG 8.9 Circumstances where the restriction in section 21 does not apply
- PERG 8.10 Types of financial promotion
- PERG 8.11 Types of exemption under the Financial Promotion Order
- PERG 8.12 Exemptions applying to all controlled activities
- PERG 8.13 Exemptions applying to financial promotions concerning deposits and certain contracts of insurance
- PERG 8.14 Other financial promotions
- PERG 8.15 Financial promotions by members of the professions (articles 55 and 55A)
- PERG 8.16 Financial promotions concerning funeral plans
- PERG 8.17 Financial promotions concerning agreements for qualifying credit
- PERG 8.17A Financial promotions concerning insurance mediation activities
- PERG 8.18 Financial promotions concerning the Lloyd’s market
- PERG 8.19 Additional restriction on the promotion of life policies
- PERG 8.20 Additional restriction on the promotion of collective investment schemes
- PERG 8.21 Company statements, announcements and briefings
- PERG 8.22 The Internet
- PERG 8.23 Regulated activities
- PERG 8.24 Advising on investments
- PERG 8.25 Advice must relate to an investment which is a security or contractually based investment
- PERG 8.26 The investment must be a particular investment
- PERG 8.27 Advice to be given to persons in their capacity as investors (on the merits of their investing as principal or agent)
- PERG 8.28 Advice or information
- PERG 8.29 Advice must relate to the merits (of buying or selling a particular investment)
- PERG 8.30 Medium used to give advice or information
- PERG 8.31 Exclusions for advising on investments
- PERG 8.32 Arranging deals in investments
- PERG 8.33 Introducing
- PERG 8.34 The business test
- PERG 8.35 Authorisation and exemption
- PERG 8.36 Illustrative tables
-
PERG 9 Meaning of open-ended investment company
- PERG 9.1 Application and Purpose
- PERG 9.2 Introduction
- PERG 9.3 The definition
- PERG 9.4 Collective investment scheme (section 235 of the Act)
- PERG 9.5 The property condition (section 236(2) of the Act)
- PERG 9.6 The investment condition (section 236(3) of the Act): general
- PERG 9.7 The investment condition: the 'reasonable investor'
- PERG 9.8 The investment condition : the 'expectation test' (section 236(3)(a) of the Act)
- PERG 9.9 The investment condition : the 'satisfaction test' (section 236(3)(b) of the Act)
- PERG 9.10 Significance of being an open-ended investment company
- PERG 9.11 Frequently Asked Questions
-
PERG 10 Guidance on activities related to pension schemes
- PERG 10.1 Background
- PERG 10.2 General issues
- PERG 10.3 Pension Scheme Trustees
- PERG 10.4 Pension scheme service providers other than trustees
- PERG 10.4A The application of EU Directives
- PERG 10.5 Employers and affinity groups (such as trade unions)
- PERG 10 Annex 1 Flow chart showing the steps to be considered in deciding whether authorisation is needed.
- PERG 10 Annex 2 Flow chart showing the additional steps to be considered by trustees of occupational pension schemes and other persons in deciding whether authorisation is needed for managing the assets of such a scheme
- PERG 10 Annex 3 Table summarising regulatory position of pension scheme trustees and service providers
- PERG 10 Annex 4 Table summarising regulatory position of employers and affinity groups.
- PERG 10 Annex 5 Table summarising regulatory position concerning financial promotions by trustees, employers and affinity groups.
- PERG 11 Guidance on property investment clubs and land investment schemes
- PERG 12 Guidance for persons running or advising on personal pension schemes
- Glossary