• GEN 8.12.1 GEN 8.12.1

    This Rule applies to every Authorised Person and Recognised Body other than a Representative Office.

    • Guidance

      1. Under section 203 of the FSMR, the Regulator may require an Authorised Person or Recognised Body to provide it with a report on any matter. The Person appointed to make a report must be a Person nominated or approved by the Regulator. This Person will be referred to throughout the Rulebook as a "Skilled Person".
      2. When requesting a report under section 203 of the FSMR, the Regulator may take into consideration the matters set out in the GPM.