Regulatory AlertsFSA PS13/5 Amendments to the Handbook for the new regulatory framework
The Financial Services Authority issued Policy Statement 13/5 to amend the Handbook in preparation for the new regulatory framework commencing on 1 April 2013. The document mandates updated disclosure wording for stationary, prohibits the use of FSA, FCA, and PRA logos, and establishes a 12-month transition period for firms to update materials. It also details the extension of Skilled Persons powers, the grandfathering of Approved Persons approvals, and a unified application process for dual-regulated firms.
Share