Following up on last year’s announcement of the Financial Conduct Authority (FCA) to move to seven-digit Firm Reference Numbers (FRNs) and Product Reference Numbers (PRNs) for newly registered firms and investment funds, respectively, (please see EventID 16137 in this context for more information), the Prudential Regulation Authority (PRA) has provided an update on this matter.
Thereafter, the FCA has started to use the first seven-digit numbers on July 18, 2023 which implies that firms‘ systems shall now be ready for the new reference number logic. Already assigned reference numbers will remain in place, though.
Other Features
capital management companies
CIS
companies
fund management
investment firms
supervisory practices
Date Published: 2023-07-20
Regulatory Framework: not applicable
Regulatory Type: information
The Bank of England’s approach to statutory notice decisions for use of its ...
ID 26454
The Bank of England has launched a consultation on a proposed new statement of policy outl ...
Index Linked Treasury Stocks
ID 26408
The Prudential Regulation Authority (PRA) has published a press statement declaring the in ...
CP28/23 – Leverage ratio treatment of omnibus accounts and other minor corrections ...
ID 26397
The Prudential Regulation Authority (PRA) has launched a new consultation (CP28/23) on the ...
PS19/23 – Responses to proposed minor amendments in CP8/23, Chapter 11 of CP12/23 ...
ID 26373
The Prudential Regulation Authority (PRA) has issued a Policy Statement which responds to ...