SYSC TP 2 Firms other than common platform firms, insurers, managing agents and the Society
1(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
Material to which the transitional provision applies |
Transitional provision |
Transitional provision: dates in force |
Handbook provisions: Coming into force |
||
2.1 [FCA] [PRA] |
R |
If a firm other than a common platform firm, insurer, managing agent or the Society has in force on 1 April 2009 outsourcing arrangements which would be covered by SYSC 8.1 it need not amend those contracts to comply with these provisions but should comply with the new rules and guidance in respect of any outsourcing contracts which are entered into, or materially amended, on or after 1 April 2009. |
1 April 2009 indefinitely |
1 April 2009 |
|
22.2 [FCA] |
The changes to SYSC set out in Annex D of the Alternative Investment Fund Managers Directive Instrument 2013 |
R |
(1) Where a firm meets the conditions in (2) the changes effected by the Annex listed in column (2) do not apply and therefore the provisions in SYSC amended by that Annex will continue to apply as they were in force as at 21 July 2013. (2) the conditions are: (a) the firm falls within regulation 72(1) of the AIFMD UK regulation; and (b) the firm does not have a Part 4A permission to manage an AIF. |
From 22 July 2013 until 21 July 2014 |
22 July 2013 |
22.3 [FCA] |
R |
A small authorised UK AIFM of an unauthorised AIF which, prior to 22 July 2013, was a common platform firm must continue to comply with column (2) in respect of its activities as an AIFM. |
From 22 July 2013 until 31 July 2015 |
22 July 2013 |