Temporary permissions regime | FCA
2021-22 TPR: PRA and FCA to allocate 'landing slots' (ending before 31 December 2022) within which EEA firms that entered the temporary permissions regime (TPR) must apply for authorisation.
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The regulator will also write to TP firms confirming their particular landing slot. The FCA anticipates that the first landing slot will be October to December 2019 followed by a further five landing slots with the last one closing at the end of March 2021.
The FCA's consultation on the temporary permissions regime
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The temporary permissions regimes (TPR) were designed to allow relevant EEA firms and investment funds who were previously using the passporting regime to transition to the UK full regulatory regime following the UK's departure from the EU. The TPR ended on 23:59 30 December 2023.
FCA authorisation post TPR: getting ahead of your landing slot
Plot observed true positive rate (TPR) vs observed false discovery rate (FDR), for given adjusted p-value thresholds and/or as curves traced out by considering all threshold values. plot_fdrtprcurve: Plot TPR vs FDR in iCOBRA: Comparison and Visualization of Ranking and Assignment Methods
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FCA has already started to email firms in the Temporary Permissions Regime (being firms that previously passported into the UK under Schedule 3 or Schedule 4 to FSMA) to confirm their 'landing slot': the period in which they can apply for non-temporary Part 4A permission, or apply to vary their existing Part 4A permission if the firm has a UK to...
Landing slots for funds in temporary marketing permissions regime
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FCA - landing slots for funds in the TMPR in the coming months
Plot observed true positive rate (TPR) vs observed false discovery rate (FDR), for given adjusted p-value thresholds and/or as curves traced out by considering all threshold values. Usage plot_fdrtprcurve( cobraplot, title = "", stripsize = 15, titlecol = "black", pointsize = 5, xaxisrange = c(0, 1), yaxisrange = c(0, 1), plottype = c("curve ...
FCA updates guidance on TPR landing slot changes
What's new? On 12 August 2022, the FCA updated its webpage to confirm that all firms in the TPR that the FCA is expecting to apply for full authorisation in the UK should by now have received a formal direction confirming their 'landing slot'.