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FCA announces re-opening of TPR notification window in September

FCA announces re-opening of TPR notification window in September
  • United Kingdom
  • Brexit
  • Financial services and markets regulation
  • Financial institutions - Asset managers and funds

08-07-2020

The FCA updated has updated its temporary permissions regime (TPR) pages to confirm that it will re-open the notification window on 30 September 2020 to allow firms and fund managers that have not yet notified to do so before the end of the transition period. There will also be an opportunity for fund managers to update their previously submitted notifications, if necessary.

The FCA also indicate that it will communicate further on this in September this year. 

Updated flowcharts

In light of the above, we have updated our various flowcharts to help navigate the implementation period and TPR regime: 

How Eversheds Sutherland can help

Since June 2016, our lawyers, consultants and International Funds Net (FundsNet) team have advised various institutions passporting into the UK from EU27 Member States and passporting from the UK into the EU27 on Brexit planning and Brexit related issues.