SYSC Sch 1 Record keeping requirements
Handbook reference |
Subject of record |
Contents of record |
When record must be made |
Retention period |
Arrangements made to satisfy SYSC 2.1.1 R(apportionment) and SYSC 2.1.3 R(allocation) |
Those arrangements |
On making the arrangements and when they are updated |
Six years from the date on which the record is superseded by a more up-to-date record |
|
Matters and dealings (including accounting records) which are the subject of requirements and standards under the regulatory system |
Adequate |
Adequate time |
Adequate |
|
Conflict of interest |
Kinds of service or activity carried out by or on behalf of the firm in which a conflict of interest entailing a material risk of damage to the interests of one or more clients has arisen or, in the case of an ongoing service or activity, may arise. |
Not specified |
5 years |
|
Prudential risk management and systems and controls |
Accounting and other records that are sufficient to enable the firm to demonstrate to thePRA: (1) that the firm is financially sound and has appropriate systems and controls; (2) the firm's financial position and exposure to risk (to a reasonable degree of accuracy); (3) the firm's compliance with the rules in GENPRU, INSPRU and SYSC. |
Not specified |
3 years, or longer as appropriate |