GEN 5 Annex 1 Licence for use of the FSA 1and Key facts logos 1by authorised firms and appointed representatives or tied agents3

1Application

1.1

The FSA grants this licence to firms, appointed representatives and tied agents.3

The FSA and Key facts logos

2.1

The FSA logo is made up of two elements which together make up the registered UK service mark, with number 2150560:

(1)

the symbol (the scroll and globe device); and

(2)

the FSA letters.

2.2

The Key facts logo is made up of two elements which together make up the registered Community trade mark, with number E3866688:

(1)

the symbol (the rectangular speech bubble); and

(2)

the word 'Key facts'.

2.3

There are two versions of the FSA logo, version A and a smaller version B in which the scroll has been simplified. There are two versions of the Key facts logo, a low resolution version and a high resolution version.

2.4

Copyright subsists in the FSA and Key facts logos.

2.5

Copies of the FSA and Key facts logos that are capable of being reproduced for printing can be found on the FSA's website at http://www.fsa.gov.uk/Pages/Library/Other_publications/Logos_and_Photos/index.shtml

Permission to use the FSA logo

3.1

A firm, its appointed representatives and tied agents3 are permitted to use the FSA logo:

(1)

as part of a statement by that person, in a letter or electronic equivalent, that the firm is authorised or that it is regulated by the FSA, but only in connection with a regulated activity carried on from an establishment in the United Kingdom; or

(2)

if required to do so by the FSA.

3.2

The disclosure required by GEN 4.3.1 R (Disclosure in letters to retail clients3) is an example of a statement within paragraph 3.1 above.

3.3

Business cards, compliment slips, text messages, account statements and other similar documents are not letters (or electronic equivalents). Therefore, the licence does not extend to documents such as these.

Permission to use the Key facts logo

3A.1

A firm, its appointed representatives and tied agents3 are permitted to use the Key facts logo as and when it is required or permitted to be used by the rules.

3A.2

The following are examples of places where the rules require or permit the Key facts logo to be used:

(1)

In COBS:3 COB:3

(a)

in an initial disclosure document3 or combined initial disclosure document 3(COBS 6.333); and

(b)

in a menu3 (COBS 6.333).

(2)

In ICOB

(a)

in an initial disclosure document or combined initial disclosure document (ICOB 4.2.4 G to ICOB 4.2.7 R);

(b)

in a policy summary (ICOB 5.5.5 R); and

(c)

in a key features as an alternative to a policy summary (ICOB 5.5.4 R).

(3)

In MCOB

(a)

in an initial disclosure document or combined initial disclosure document2;

(b)

in an illustration (MCOB 5.6.2 R and MCOB 9.4.2 R); and2

2(c)

in a risks and features statement (MCOB 4.10.11 R) and financial information statement (MCOB 5.8.7 R).

Conditions on appearance of the FSA logo

4.1

The permission in paragraph 3.1 is subject to the following conditions:

(1)

the regulatory mark is attached to the FSA logo;

(2)

the FSA logo and regulatory mark appear in black type, or reversed out white on a coloured background;

(3)

the FSA letters appear in type which is not more than three times the size of the accompanying script;

(4)

the two elements of the FSA logo appear together in the same way, and in the same proportion, as in the registered service mark;

(5)

the FSA logo is not redrawn in any way, or matched by a typesetter;

(6)

version B of the FSA logo is used only at sizes below 10 mm in overall height; and

(7)

if the FSA logo is reproduced electronically, no hyperlink is incorporated.

Conditions on appearance of the Key facts logo

4A.1

The permission in paragraph 3A.1 is subject to the following conditions:

(1)

the regulatory mark (®) is attached to the Key facts logo;

(2)

the Key facts logo and regulatory mark appear:

(a)

in black type;

(b)

reversed out white on a coloured background; or

(c)

in colour provided that this does not diminish their prominence;

(3)

the two elements of the Key facts logo appear together in the same way, and in the same proportion, as in the Community trade mark;

(4)

the Key facts logo is not redrawn in any way, or matched by a typesetter;

(5)

the low resolution version of the Key facts logo is used only in documents intended to be read on a computer, television or other screen; and

(6)

if the Key facts logo is reproduced electronically, no hyperlink is incorporated.

Further conditions on the use of the FSA and Key facts logos

5.1

The permissions in paragraphs 3.1 and 3A.1 are also subject to the conditions that any material, whether produced on paper or electronically, on which the FSA or Key facts logos are displayed does not:

(1)

in any way imply that the FSA is endorsing the firm 7or its appointed representatives , tied agents 3or products, services or communications (see also GEN 1.2.2 R (1)); or

(2)

misrepresent the firm's or its appointed representative's or tied agent's 3relationship with the FSA or present false information about the FSA; or

(3)

contain content that could be construed as distasteful, offensive or controversial; or

(4)

infringe any intellectual property or other rights of any person or otherwise not comply with any relevant law or regulation.

Use of the FSA logo by appointed representatives

6.1

Firms and appointed representatives or, where applicable, tied agents 3are reminded that an appointed representative or tied agent 3is not a firm. Therefore, the permission in paragraph 3.1 does not extend to a statement made by an appointed representative or tied agent 3about its own status. However, the effect of paragraph 3.1 is that an appointed representative or tied agent 3is permitted to reproduce the FSA logo as part of a statement about the authorisation or regulation by the FSA of the appointed representative's or tied agent's 3 principal, provided the other conditions of paragraph 3.1 and those of paragraphs 4.1 and 5.1 are met.

Commencement and duration

7.1

This licence comes into effect on 1 May 2003 except that in relation to the Key facts logo it comes into effect on 6 November 2006.

7.2

The FSA may alter or revoke this licence at any time, by giving at least two months' notice on the FSA's website.

Interpretation

8.1

This licence is to be interpreted in accordance with chapter 2 of the General provisions (Interpreting the Handbook) of the FSA's Handbook of Rules and Guidance. In particular, expressions in italics are defined in the Handbook Glossary.

Governing law and jurisdiction

9.1

This licence is governed by and interpreted in line with English law. The courts of any jurisdiction in the United Kingdom have the exclusive jurisdiction to settle any dispute in connection with this licence.