Source: https://www.handbook.fca.org.uk/handbook?related-provisions-for-provision=SUP%206.3.6&date=2018-12-09
Timestamp: 2020-05-25 11:48:46
Document Index: 224474364

Matched Legal Cases: ['art 4', 'art 4', 'art 4', 'art 4', 'art 4', 'art 4']

Related provisions for SUP 6.3.6 - FCA Handbook
Related provisions for SUP 6.3.6
If a firm intends to cease carrying on one or more regulated activities permanently, it should give prompt notice to the appropriate regulator5 to comply with Principle 11 (see SUP 15.3.8 G (1)(d)). A firm should consider whether it needs to notify the appropriate regulator5 before applying to vary or cancel its Part 4A permission.5555
Additional guidance for a firm carrying on insurance business, accepting deposits, operating a dormant account fund8 or which holds client money or customer's assets is given in SUP 6 Annex 4. As noted in SUP 6.2.9 G, it will usually be appropriate for a firm to apply for variation of its Part 4A permission and/or the imposition, variation or cancellation of a requirement21 while winding down (running off) its regulated activities and before applying to cancel its Part 4A per
This chapter explains:(1) how a firm with a Part 4A permission5 can apply to the relevant regulator5 to vary that permission;55(2) how a firm which has ceased to carry on any of the regulated activities for which it has a Part 4A permission,5 or which expects to do so in the short term (normally less than six months), should apply to the relevant regulator5 to cancel that permission completely; 55(2A) how a firm with a Part 4A permission can apply to the relevant regulator to:5(a)