MIPRU TP 1 Transitional Provisions
MIPRU TP 1.1
(1) |
(2) Material to which the transitional provision applies |
(3) |
(4) Transitional provision |
(5) Transitional provision: dates in force |
(6) Handbook provision: coming into force |
11 |
R |
A firm is not required to include goodwill in its intangible assets until 14 January 2008. |
From 31 October 2004 until 14 January 2008 |
31 October 2004 |
|
2 |
R |
MIPRU 5.2.2 R and MIPRU 5.2.4 R have effect in respect of the use by a firm of the services of another person consisting of insurance mediation and provided from an establishment in an EEA State that has not implemented Article 3 (Registration) of the Insurance Mediation Directive2, as if the condition in paragraph (4) of MIPRU 5.2.2 R and the condition in paragraph (2) of MIPRU 5.2.4 R were a condition that the firm has no reason to doubt the good repute, competence and financial standing of that person. 2 |
from 14 January 2005 until the implementation of Article 3 of the Insurance Mediation Directive2 by the relevant EEA State 2 |
14 January 20053 |
|
33 |
R |
The new limits of indemnity apply to a professional indemnity policy or a comparable guarantee agreement commenced, renewed or extended with effect from or after 1 March 2009. Any other existing non-annual arrangements must be aligned with the new limits of indemnity before 1 March 2010. |
1 March 2009 to 28 February 2010 |
1 March 2009 |