SUP 11.1 Application
Application to firms
This chapter applies to every firm except:
- (1)
an ICVC;
- (2)
- (3)
- (4)
[deleted]
- (5)
a sole trader;
- (6)
as set out in the table in SUP 11.1.2 R.2
Applicable sections (see SUP 11.1.1 R)
Category of firm |
Applicable sections |
|
(1) |
A UK domestic firm other than a building society, a non-directive friendly society or a UK insurance intermediary3 |
All except SUP 11.3, SUP 11.4.2A R and SUP 11.4.4 R3 |
(1A) |
(a) In the case of an exempt change in control (see Note), SUP 11.1, SUP 11.2 andSUP 11.9 (b) In any other case, all except SUP 11.3, R andSUP 11.4.4 R3 |
|
(2) |
||
(2A) 3 |
all except SUP 11.3, SUP 11.4.2 R, SUP 11.4.3 G and SUP 11.4.4 R3 |
|
(3) |
All except SUP 11.3, SUP 11.4.2 R, SUP 11.4.2A R, SUP 11.4.3 G, SUP 11.4.9 G, SUP 11.5.8 G to SUP 11.5.10 G, SUP 11.6.2 R, SUP 11.6.3 R, SUP 11.6.6 G, SUP 11.73 |
|
Note |
In row (1A), a change in control is exempt if the controller or proposed controller is exempt from any obligation to notify the FSA under Part XII of the Act (Control over Authorised Persons) because of The Financial Services and Markets Act 2000 (Controllers) (Exemption) (No 2) Order 2001 (SI 2001/3338). (See SUP 11.3.2A G).21 |
|
This chapter may apply to directive friendly societies in the circumstances described in SUP 16.4.2 G (1) to (3).1
Application to controllers
SUP 11.1, SUP 11.2.1 G, SUP 11.33and SUP 11.7 apply to a controller or a proposed controller of a UK domestic firm not listed in SUP 11.1.1 R (1) to SUP 11.1.1 R (6).
This chapter may apply to controllers and proposed controllers of directive friendly societies in the circumstances described in SUP 16.4.2G (1) to (3).1