The Society must maintain appropriate and effective arrangements to require members’ agents1 to meet and continue to meet financial resource requirements at least equivalent to the requirements set out in Lloyd's Capital and Solvency Requirements 2001, as they are in force immediately before commencement.
whether the Society has any information indicating or tending to indicate that, during the quarter to which the report relates, the members’ agents1 failed to meet the financial resource requirements referred to in IPRU-INV 4.4.1D;
the nature and extent of any failure to comply reported under (1) or (2) and the actions taken or to be taken by the Society in response to this.
the Society has received from that members’ agent1 in respect of the financial year to which the report relates, all relevant attachments to the Annual Financial Return that the members’ agent1 is required to make to the Society under the requirements identified in IPRU-INV 4.4.1D;
the Society is not aware of any matters likely to be of material concern to the FCA1 relating to that members' agent's 1compliance with financial resource requirements during the year to which the report relates, or arising from the attachments referred to in (a); or
A members' adviser must comply with the requirements of IPRU-INV 3-60(3) and IPRU-INV 3-62.