12
Lloyd’s and the FSCS Direction
12.1
This Chapter applies to the Society.
- 01/01/2016
12.2
With effect from 15 October 2003, it was directed that the following core provisions of FSMA apply to the carrying on of insurance market activities by members:
- (1) Part 9A (Rules and guidance) for the purpose of applying the rules in chapters 1 and 3, the Policyholder Protection Part, the FSCS Management Expenses Levy Limit and Base Costs Part, the Management Expenses in respect of Relevant Schemes Part and relevant interpretative provisions; and
- (2) Part XV (Financial Services Compensation Scheme).
- 01/01/2016