Related provisions for SUP 11.4.4
1 - 4 of 4 items.
As the approval of the appropriate regulator5 is not required under the Act for a new controller of an overseas firm, the notification rules on such firms are less prescriptive than they are for UK domestic firms. Nevertheless, the appropriate regulator5 still needs to monitor such an overseas firm's continuing satisfaction of the threshold conditions, which normally includes consideration of a firm's connection with any person, including its controllers and parent undertakings
Applicable sections (see SUP 11.1.1 R)Category of firmApplicable sections(1) A UK domestic firm other than a building society, a non-directive friendly society5, a non-directive firm45or (in the case of an FCA-authorised person) a firm with only a limited permission354All except SUP 11.3, SUP 11.4.2A RandSUP 11.4.4 R3(1A) A building society(a) In the case of an exempt change in control (see Note), SUP 11.1, SUP 11.2andSUP 11.9(b) In any other case, all except SUP 11.3andSUP 11.4.4