LLD 4.3 Information about the capacity transfer market

The Society must give the FSA a report as at the end of each calendar quarter in which any capacity is transferred.

The report referred to in LLD 4.3.1 R must reach the FSA within one month of the end of the relevant calendar quarter and must include information on:

1. (1)

   the total capacity in syndicates transferred during the quarter, analysed by syndicate and method of transfer;

2. (2)

   the number, and nature, of all investigations by the Society into conduct in the capacity transfer market undertaken or continued during the quarter; and

3. (3)

   the number, and nature, of all complaints received during the quarter about the operation of the capacity transfer market.