The Financial Conduct Authority
("FCA")confirmed that given the delay of
the UK's withdrawal from the EU, firms and funds wanting to
avail of the Temporary Permissions Regime
("TPR") now have until 30 May 2019
(rather than 11 April 2019) to notify them of this. The FCA has
also confirmed that updates to any submitted TPR notification will
be possible to reflect any updates to fund ranges during the newly
extended notification window.
Any fund managers that, as a result of this extension, wish to
update their notification should email [email protected]
by the end of 16 May 2019.
Please do not hesitate to contact your usual Walkers contact if
you have any questions relating to this update and/or the Temporary
Permissions Regime more broadly.
