The FSA has published a new web page advising firms that it has issued a modification by consent of SUP 16.12.5R and GENPRU 1.2.2R(1). This modification by consent applies to firms that have a Global Liquidity Concession (GLC) in place on 30 November 2009 that will expire before 31 October 2010. It enables firms to continue to take advantage of the BIPRU 12 transitional period by extending the duration of the GLC until 31 October 2010.

View Modification by consent of SUP 16.12.5R and GENPRU 1.2.2R(1), 24 February 2010