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On 6 January 2023, the FCA updated the following webpages on the temporary permissions regime to reflect the end of 2022:
In relation to the webpage ‘Considerations for firms leaving the TPR’ the FCA has added a new section concerning the Consumer Duty. It has also added text under the heading ‘Deadline for application from firms that previously passported into the UK under Schedule 3 or Schedule 4 to FSMA’ stating that applications for full UK authorisation from these firms must have been submitted by the end of 31 December 2022. An application submitted after this date will be treated as invalid.
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