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FCA Handbook
GENPRU
GENPRU Sch 2 Notification and reporting requiremen...

GENPRU Sch 2 Notification and reporting requirements

01/04/2013

11 The aim of the guidance in the following table is to give the reader a quick overall view of the relevant notification requirements.

2 It is not a complete statement of those requirements and should not be relied on as if it were.

3 Table

Handbook reference	Matter to be notified	Contents of notification	Trigger events	Time allowed
GENPRU 1.5.19 R [PRA]	Intention to change maximum amount of callable contribution	Fact of intention and details of the change	Intention to change the maximum amount	Adequate advance notice, normally not less than 6 months
GENPRU 2.1.11 R [FCA] [PRA]	Breach or expected breach of GENPRU 2.1.13 R or main BIPRU firm Pillar 1 rules	Fact of breach or expectation of breach	Breach or expectation of breach	Immediately
GENPRU 2.2.19 R [FCA] [PRA]	Intention to deduct illiquid assets rather than material holdings	Fact of intention	Intention to start or stop using method in column 2	One month prior to change of method5
5GENPRU 2.2.61B R [FCA] [PRA]	Intention to issue a capital instrument for inclusion in capital resources	Fact of intention and details of intended amount, issue date, type of investor, stage of capital, features of instrument and confirmation of compliance with rules	Intention to issue	One month prior to issue, unless exceptional circumstances prevent a firm adhering to a one-month period
5GENPRU 2.2.61C R [FCA] [PRA]	Proposed changes to details of the issue of a capital instrument notified under GENPRU 2.2.61B R	Proposed change and all information required under GENPRU 2.2.61B R (1) to GENPRU 2.2.61B R (4)	Intention to change any details of the issue previously notified to the appropriate regulator	As soon as the changes are proposed
5GENPRU 2.2.61D R [FCA] [PRA]	Proposed establishment of a debt securities program	All information required under GENPRU 2.2.61B R (1) to GENPRU 2.2.61B R (4)	Intention to establish	One month prior to first drawdown
5GENPRU 2.2.61F R [FCA] [PRA]	Issue of capital instruments for inclusion in capital resources where instrument or facility previously notified to the appropriate regulator	All information required under GENPRU 2.2.61B R (1) to GENPRU 2.2.61B R (3) and confirmation no changes have been made to the terms of the instrument since a previous similar issue	Intention to issue	No later than date of issue
GENPRU 2.2.74 R [FCA] [PRA]	Intention to redeem tier one instrument included in tier one capital resources	Fact of intention and details of the firm's position after such redemption in order to show how it will meet the capital resources requirement,3 how it will have sufficient financial resources to meet the overall financial adequacy rule 2 and, in the case of a BIPRU firm, how it will not otherwise suffer any undue effects to its financial or solvency conditions3	Intention to redeem	At least one month prior to becoming committed to redeem2 2
3GENPRU 2.2.79G R [FCA] [PRA]	Intention to purchase a tier one instrument in accordance with GENPRU 2.2.79A R	Fact of intention and details of the firm's position after the purchase in order to show how, over an appropriate timescale, adequately stressed, and without planned recourse to the capital markets, it will meet its capital resources requirement and have sufficient financial resources to meet the overall financial adequacy rule	Intention to purchase	At least one month prior to becoming committed to purchase
4GENPRU 2.2.83B R [FCA] [PRA]	Intention to include in stage A of the capital resources table different classes of the same share type that meet the conditions in GENPRU 2.2.83 R and GENPRU 2.2.83A R but have differences in voting rights.	Fact of intention.	Intention to include in stage A of the capital resources table classes of the same share type that have different voting rights.	At least one month before the shares are issued or (in the case of existing issued shares) the differences in voting rights take effect.
4GENPRU 2.2.83F R [PRA]	Intention by a building society to issue a capital instrument that includes a coupon limit in its terms of issuance in accordance with GENPRU 2.2.83E R.	Fact of intention.	Intention to issue a capital instrument that includes a coupon limit.	At least one month before the intended date of issue.
GENPRU 2.2.135 R [FCA] [PRA]	Intention to include an unusual transaction in capital under GENPRU 2.2.124 R	Fact of intention.	Intention to include in capital	At least one month prior to inclusion of that capital in capital resources
GENPRU 2.2.171 R [FCA] [PRA]	Proposal to amend a tier two instrument	Details of the proposed amendment	Proposal to amend	One month before amendment is due to take effect
GENPRU 2.2.174 R [FCA] [PRA]	Intention to repay (other than on contractual repayment date) tier two instrument	Fact of intention and details of the firm's position after such repayment in order to show 2how it will meet the2 capital resources requirement and how it will have sufficient financial resources to meet the overall financial adequacy rule 2 2 2	Intention to repay	Six Months (in the case of an insurer) 2or one Month (in the case of a BIPRU firm) 2prior to becoming committed to 2repayment 2 2
GENPRU 2.2.243 R [FCA] [PRA]	Intention to pay interest or principal on subordinated debt included in tier three capital resources if the firm's capital resources are less than 120% of its capital resources requirement	Fact of intention	Intention to pay	One month prior to any payment of interest or principal
GENPRU 2.2.245 R [FCA] [PRA]	Intention to repay (other than on contractual repayment date) tier three capital resources	Fact of intention and details of how the firm will meet its capital resources requirement after such repayment	Intention to repay	One month prior to repayment