Treasury has made the final versions of the:

  • FSMA (Threshold Conditions) Order 2013: this takes effect from LCO and sets out the threshold conditions PRA or FCA must apply to various types of firms; and
  • FSMA (PRA-regulated Activities) Order 2013: this also takes effect from LCO and confirms those firms that will be prudentially regulated by PRA.

For further details see FReD 1 February 2013. (Source: FSMA (Threshold Conditions) Order 2013 and FSMA (PRA-regulated Activities) Order 2013)