6.—(1) Subsections (2) and (3) of section 62A of FSMA (changes in responsibilities of senior managers: requirement for revised statement) apply where a solo-regulated firm has—
(a)prepared a statement under regulation 5(4), or
(b)provided a statement mentioned in regulation 5(6) to the FCA,
as they apply in the circumstances in subsection (1) of that section.
(2) In section 62A(2) of FSMA as it applies by virtue of paragraph (1)—
(a)the reference to the granting of the application is to be read as a reference to the beginning of the relevant date (within the meaning given by regulation 5(10));
(b)the reference to “the appropriate regulator” is to be read as a reference to the FCA;
(c)the reference to a revised statement of responsibilities is to be read as a reference to a revised version of the statement prepared under regulation 5(4) or the statement mentioned in regulation 5(6), as the case may be.
(3) In section 62A(3) of FSMA as it applies by virtue of paragraph (1), the references to “the appropriate regulator” are to be read as references to the FCA.
Commencement Information
I1Reg. 6 in force at 17.7.2019