For the avoidance of any doubt Lloyd’s confirmed (yesterday) that the current timetable for both managing agents and Lloyd’s still applies. The Lloyd’s application will be submitted to the FSA in April 2012 as planned. Lloyd’s therefore still requires all managing agents to submit their Final Application Pack (FAP) on 16 December 2011. Over the coming months this will mean a busy time for the Boards and Committees of Managing Agents as they sign off on their FAP.