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SYSC TP 1 Transitional provisions

SYSC TP 1.1

GEN contains some technical transitional provisions that apply throughout the Handbook and which are designed to ensure a smooth transition at commencement.

1

1Money Laundering Transitional Provisions

Extra time provisions

Compliance with ML and SYSC 3.2.6AR to SYSC 3.2.6JG

(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

(1)

SYSC 3.2.6A R to SYSC 3.2.6J G

R

Compliance with ML also counts as compliance with SYSC 3.2.6A R to SYSC 3.2.6J G and vice versa.

From 1 March 2006 to 31 August 2006

(1) 1 March 2006

(2)

ML

(2) In force until 31 August 2006