Proposal timeframe and transition arrangements

menu system

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&149;The FSA will consult on the proposals for the menu system for three months, ending 1 June. It w...

&149;The FSA will consult on the proposals for the menu system for three months, ending 1 June. It will then make any necessary changes to the draft rules and release the final rules for both depolarisation and the menu remuneration system in the second half of 2004. &149;From the time the final rules are set, intermediaries will have six months to comply with them. Firms may choose to move from the old system to the depolarised one at any time after the final rules are set, although they will have to inform the regulator in writing of the date on which they plan to change over. &149;The ...

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