4

Permissions Pursuant to Section 144G or Section 192XC of FSMA

4.1

Chapter 4 of this Part applies to the giving of a permission by the PRA pursuant to section 144G or section 192XC of FSMA.

4.2

The PRA directs that an application for a permission referred to in rule 4.1 must be made in writing to the PRA.

4.3

The application must be accompanied by such information and documents as are necessary to demonstrate how the conditions contained in the relevant rule have been satisfied.

4.4

Where a person has applied for or has been granted a permission, the person must notify the PRA immediately on becoming aware of any matter which could affect the continuing relevance or appropriateness of the application, the permission or any condition to which the permission is subject.