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IPRU |
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As such, BIPRU firms will continue to submit their old IPRU (INV) returns for the first half of 2008, but will not submit FSA009, as this will be replaced with FSA003. As such, BIPRU firms will continue to submit their old IPRU (INV) returns for the first half of 2008, but will not submit FSA009, as this will be replaced with FSA003. However, for small, limited licence and limited activity firms the FSA has created a simplified version of the standardised approach and, in reality, most of these firms will continue to apply the IPRU (INV) 9 Chapter 10 and 5 rules through 2007 as allowed by the transitional rules (see below). |
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