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Related provisions for PERG 8.11.2

21 - 26 of 26 items.

SYSC 1.4.2R07/03/2017

A contravention of a rule in SYSC 11 to 2SYSC 21,7SYSC 22.8.1R or SYSC 22.9.1R7 does not give rise to a right of action by a private person under section 138D of the Act (and each of those rules is specified under section 138D(3) of the Act as a provision giving rise to no such right of action). 3443

SUP 12.4.5C07/03/2016

Multiple principal agreement

	Matter	Explanation
1.	Scope of appointment	The scope of appointment given by each principal to the appointed representative.
2.	Complaints handling	The identity of the principal which will be the point of contact for a complaint from a client (referred to as the "lead-principal" in SUP 12.4.5D G to SUP 12.4.5E G).
		An agreement that each principal will co-operate with each other principal in resolving a complaint from a client in relation to the appointed representative's conduct.
		The arrangements for complaints handling, including arrangements for resolving disputes between the principals in relation to their liability to a client in respect of a complaint and arrangements for dealing with referrals to the Financial Ombudsman Service.
3.	Financial promotions	The arrangements for approving financial promotion.
4.	Control and monitoring	The arrangements for the control and monitoring of the activities of the appointed representative (see in particular SUP 12.6.6 R (Regulated activities and investment services outside the scope of appointment) and SUP 12.6.7 G (Senior management responsibility for appointed representatives)).
5.	Approved person status	The arrangements for making applications for approved person status (see SUP 10A and SUP 10C12 (Approved persons) and the corresponding PRA requirements).12 23 23
6.	Training and competence	The arrangements for training and competence (see TC).
7.	Co-operation	The arrangements for co-operation over any other issues which may arise from the multiple appointments, including issues which may damage the interests of clients dealing with the appointed representative and administrative issues.
7.	Co-operation	An agreement by each principal to take reasonable steps to ensure that it does not cause the appointed representative or any of its other principals to be in breach of their obligations to each other or under the regulatory system.
8.	Sharing information	The arrangements for sharing information on matters relevant to the matters covered under the multiple principal agreement and each principal's obligations under SUP 12.6 (Continuing obligations of firms with appointed representatives).
8.	Sharing information	An agreement that each principal will notify each other principal of any information which is materially relevant to the multiple principal agreement.