FSA has announced it intends to consult on new rules in the Prudential Sourcebook for Banks, Building Societies and Investment Firms (BIPRU) so that firms will not necessarily have to implement their contingency funding plans. Until then, it proposes a modification by consent of BIPRU 12.9.13R. Firms should email FSA if they wish to take advantage of the waiver. (Source: Modification by consent of BIPRU 12.9.13R)