SUP 16.1 Application

The only categories of firm to which no section of this chapter applies are:

1. (1)

   an ICVC;

2. (2)

   an incoming EEA firm or incoming Treaty firm, unless it is:

   1. (a)

      a firm of a type listed in SUP 16.1.3 R as a type of firm to which SUP 16.6, SUP 16.7 or5 SUP 16.9 applies; or

   2. (b)

      an insurer with permission to effect or carry out life policies;

   3. (c)

      a firm with permission to establish, operate or wind up a personal pension scheme or 14 a stakeholder pension scheme;3

      14
3. (3)

   a UCITS qualifier.

1. (1)

   This chapter contains requirements to report to the FSA on a regular basis. These requirements include reports relating to a firm's financial condition, and to its compliance with other rules and requirements which apply to the firm. Where the relevant requirements are set out in another section of the Handbook, this chapter contains cross references. An example of this is financial reporting for insurers and friendly societies.

2. (2)

   Where such requirements already apply to a firm under legislation other than the Act, they are not referred to in this chapter. An example of this is reporting to the FSA by building societies under those parts of the Building Societies Act 1986 which have not been repealed.

3. (3)

   Requirements for individual firms reflect:

   1. (a)

      the category of firm;

   2. (b)

      the nature of business carried on;

   3. (c)

      whether a firm has its registered office (or if it does not have a registered office, its head office) in the United Kingdom; and

   4. (d)

      whether a firm is an incoming EEA firm or incoming Treaty firm.

The reporting of complaints is covered in DISP 1.5.4 RDISP 1.5.8 G.

Reporting on pension transfers and pension opt-outs arranged by the firm against its advice is covered in COB 5.3.26 R.