This modification will allow firms that have a CAD2 waiver not to submit Form FSA006 where the information contained in Form FSA006 is already supplied as a condition of the firms' CAD2 waiver.

What is the purpose of the modification?

This modification removes the requirement for the firms to supply two sets of the same information in different formats.

Which firms does this apply to?

This modification will apply to any firm that has a CAD2 waiver.

What does this mean for firms?

The practical effect of the modification is that a firm which has a CAD2 waiver and which supplies information in accordance with appendix 1 of that waiver will not be required to complete Form FSA006.

We have set out the changes in detail in the modification direction

The modification is valid for as long as the firm has a CAD2 waiver.

How can firms make use of this modification?

If you want to take advantage of the modification by consent described here, you should write to:

Central Waivers Team
The Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Or email us at: centralwaiversteam@fsa.gov.uk

We will then write to you to confirm that the modification has been granted, and we will publish each modification direction we grant on our website.