FSMA controllers regime: change of control applications | Practical Law

FSMA controllers regime: change of control applications | Practical Law

This note provides an overview of the notifications that controllers or potential controllers of authorised firms should make to the FCA or the PRA, as appropriate, about a change of control under Part 12 of the Financial Services and Markets Act 2000 (FSMA) (sometimes referred to as a change in control). The note also considers the notifications that authorised firms are expected to make to their regulator when a change of control occurs.

FSMA controllers regime: change of control applications

Practical Law UK Practice Note 3-506-5037 (Approx. 40 pages)

FSMA controllers regime: change of control applications

MaintainedUnited Kingdom
This note provides an overview of the notifications that controllers or potential controllers of authorised firms should make to the FCA or the PRA, as appropriate, about a change of control under Part 12 of the Financial Services and Markets Act 2000 (FSMA) (sometimes referred to as a change in control). The note also considers the notifications that authorised firms are expected to make to their regulator when a change of control occurs.