FSA sipp regulations out ahead of schedule

In its original consultation paper published in April, the FSA stated it planned to accept applications for Part Four permission from 2 October even though it wasn’t expecting to publish the rules until the end of October. However the FSA has now published the rules ahead of its starting date for the accepting of applications for new authorisation or a variation on existing permissions in a 156 page document. Following responses from at least 36 non confidential respondents, the FSA policy statement contains a few amendments to the consultation paper, such as a more streamlined and simp...