This Policy Statement summarises the feedback received during the consultation CP15/29 and confirms the final policy and forms.
Why are we issuing this policy statement?
In September 2015 the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) consulted on proposed amendments[1] to a series of forms used by firms and individuals when seeking regulatory approval for certain roles and transactions.
The proposed changes were intended to ensure that the forms only require necessary disclosures whilst ensuring that the regulators remain able to properly assess the fitness and propriety of those we are required to approve.
This Policy Statement summarises the feedback received and confirms the final policy and forms.
PS15/32: Amendments to Various Forms[2] [PDF]
Who is this policy statement aimed at?
This paper will be of interest to all FCA and PRA-authorised firms and individual candidates for approval as Approved Persons, Key Function Holders, Credit Union non-executive directors and notified non-executive directors.
What are the next steps?
Firms should now only use the versions of the forms in this Policy Statement. We have also updated the forms where they appear in our respective websites and rulebooks. We will also amend any forms available to firms through the FCA’s online systems but these changes may take some time to take effect.
Want to find out more?
- CP15/29: Amendments to various forms[1]
- FCA Accountability pages[3]
- PRA Accountability page