FCA to reopen TPR window

FCA has updated its website pages on the Temporary Permissions Regime. It plans to reopen the TPR notification window on 30 September to allow for further new notifications, and to allow fund managers to update notifications if necessary.

It has also updated the related information pages on:

• leaving the TPR to become solo-regulated, or to become authorised or registered payments or e-money firms;
• how the financial services contracts regime will operate for firms that do not become directly authorised; and
• how FCA intends to assess applications for authorisation of branches of international firms (whether from within or outside the EEA).