Home FCA Handbook CTPS CTPS 1
You are viewing CTPS 1 Application as of . CTPS 1 Application was last updated on 01/01/2025.

CTPS 1.1 Who?

01/01/2025R

Unless otherwise stated, CTPS applies to critical third parties.

CTPS 1.2 What?

01/01/2025R

Unless a narrower application is specified, CTPS applies in connection with the provision of services to firms.

01/01/2025G

CTPS 1.2.1R reflects the scope of the FCA’s power to make rules in section 312M of the Act (Power to make rules).

01/01/2025G

The scope of the guidance in CTPS 12 (Costs of skilled persons reports) and CTPS 13 (Reports by skilled persons) about the FCA’s policy on the use of its skilled persons powers follows the scope of those powers.

CTPS 1.3 Where?

01/01/2025R

Except to the extent otherwise specified, CTPS applies to a critical third party in connection with the provision of services wherever those services are carried out and there is no territorial limitation on the application of CTPS.