The FCA issued a release on 24th March confirming the extension of the notification window for the TPR until the end of 30th October 2019.
Any fund managers that, as a result of this extension, wish to update their notification should email recognisedcis@fca.org.uk by the end of 16th October 2019 at the latest confirming this and including their FRN.
Further information on the TPR and how to register is provided on the FCA website https://www.fca.org.uk/brexit/temporarypermissions-regime#funds.
While the FCA will acknowledge the request to update a notification, it will not be possible to submit a revised notification until after 16th October 2019 at which stage the FCA will advise what steps should be taken.
Fund managers should continue to follow the current process via their home member state regulator for registering new funds.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.