Regulatory Alerts2017-04-01
Added · Updated
Application process for trust office authorisation
The statutory consideration period for applications to be authorised as a trust office is thirteen weeks, commencing upon receipt of the application. The regulator reviews the application immediately, checking for completeness and requiring supplementation of missing information within a specified deadline, which suspends the consideration period. Processing time may exceed thirteen weeks if the application is inadequate or requires additional information.
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