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            • Issues log
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Purpose

• To record the discussions in the SSG in a thematic way such that it is possible to track the development of thinking on the part of the SSG members and the FSA.
• Where concluded, the Log will provide a record of the final outcome.

Content

As well as providing a record of the discussions at the SSG, the issues log also contains:

• Contact details for both the FSA and trade association representatives leading on a particular issue.
• A record of any actions and their timetable for resolution.
• Supporting documents provided either by the SSG members or the FSA.

Disclaimer

• The information on the Log should be taken in good faith as a fair representation of the discussion of the issue to date, and of current policy thinking – which may change.
• The log does not replace consultation or provide general guidance to firms: any FSA policy will be consulted on in the normal way. The log may identify those industry-wide issues where consultation and/or general guidance is necessary.
• The log will not replace individual guidance. A firm can still request guidance relating to a particular transaction.
• The papers nor reported remarks by anyone present at the meeting should be read as representing either the formal position of the member firms, or the trade associations.

To receive notification of updates to the Issues Log, please email the Securitisation Team.