Home FCA Handbook IPRUINV IPRU-INV 2 IPRU-INV 2.2 FINANCIAL RESOURCES REQUIREMENTS
You are viewing IPRU-INV 2.2 FINANCIAL RESOURCES REQUIREMENTS as of . IPRU-INV 2.2 FINANCIAL RESOURCES REQUIREMENTS was last updated on 30/12/2015.

IPRU-INV 2.2 FINANCIAL RESOURCES REQUIREMENTS

30/12/2015R
  1. (1)

    A firm must be able to meet its liabilities as they fall due.

  2. (2)

    In complying with (1) a firm may use any assets which are available to meet any of its liabilities.

30/12/2015G

Firms are reminded that:

  1. (1)

    requirements relating to the systems and controls which firms must establish and maintain for ensuring compliance with financial resources and other requirements are set out in SYSC.

  2. (2)

    the financial reports that a firm is required to make to the FCA are set out in SUP 16.