WebSUP 11 : Controllers and close Section 11.3 : Requirements on controllers or links proposed controllers under the Act 11 11.3.3 G 11.3.4 G Release 28 Apr 2024 … WebFSMA close links regime by Practical Law Financial Services This note provides an overview of the concept of close links, as set out in the Financial Services and Markets Act 2000 (FSMA), and the requirements on UK authorised firms to notify the FCA and the PRA about their close links. Free Practical Law trial
REP data items FAQs FCA
WebJun 13, 2024 · A: A ‘close link’ is two or more ‘natural or legal persons’ linked by participation or control. Our rules give the full definition in Threshold Conditions (COND) … WebNov 19, 2013 · Close Links and Controllers Reports The need for a firm to send to the FCA annual close links and controllers reports is set out in SUP 16.4 and SUP 16.5 … how to do mental prayer
Change in control: notification forms FCA
Web4- Effective supervision, including close links (FCA/PRA) - no impediment to effective supervision 5- Appropriate resources (FCA) Appropriate financial and non-financial resources 6- Suitability (fit and proper) FCA / PRA 7- Business model (FCA ) 'Fit and Proper' 8- Appointment of claims representatives (PRA) - for motor insurers only WebClose link. A situation in which, according to Directive 2006/48/ EC "two or more natural or legal persons are linked in any of the following ways: (a) participation in the form of ownership, direct or by way of control, of 20 % or more of the voting rights or capital of an undertaking; (b) control; or (c) the fact that both or all are ... WebJan 11, 2024 · Close menu. Firms. Firms overview. Go to our dedicated section to see support for firms and our latest policy updates. ... FCA Warning List . Find our most up-to-date warnings of firms and individuals running scams or operating without authorisation. ... 05/01/2024: Link changed Removed link to a passporting page that is no longer … how to do mental multiplication