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DPB handbook

The DPB handbook details the rules for conducting Exempt Regulated Activities or Non Mainstream Regulated Activities which licensed firms must comply with. It covers, amongst other things, conditions for becoming licensed, Conduct of Business, Complaints and Professional Indemnity Insurance.

The latest version of the DPB handbook is given here. This version came in to force on 1 April 2013.  From time to time, this handbook will change to reflect new or amended regulation.

Any queries or requests for further guidance, regarding the DPB handbook, or Compliance Bulletins should be sent to:

DPB Manager,
The Institute and Faculty of Actuaries,
Staple Inn,
High Holborn,
London, WC1V 7QJ
Tel: 020 7632 2100

Email: DPB

 

Compliance Bulletins

From time to time, the DPB will issue Compliance Bulletins. These are intended to give further guidance on the DPB handbook, changing legislation or common issues raised in our monitoring of firms. Past bulletins are given below:

Current  
26 (January 2013) Retail Distribution Review and Independent Advice
25 (December 2012) Effective Complaints Procedures
24 (December 2012) Purchase of Annuities
23 (October 2011) Anti money laundering

21 (September 2009)

Data security
18 (September 2007) Fit and proper requirements
16 (April 2006) Group personal pensions and stakeholder pension schemes
12 (October 2004) Client money
11 (July 2004) Occupational pension schemes
No longer in force  
22 (May 2010) Anti money laundering
20 (March 2009) Professional indemnity insurance for insurance mediation activities
19 (August 2008) Anti money laundering 
17 (September 2007) Money laundering
15 (January 2006)
 MiFD
14 (May 2005) 

EPF Register, compliance plan

Compliance plan requirements
13 (December 2004)  Insurance mediation directive
10 (March 2004)
 Compensation scheme
9 (February 2004)   Professional indemnity insurance
8 (December 2003)  

IMD, money laundering

FSA flyer about application pack for persons applying for authorisation to carry out mortgage and general insurance business

Anti-money laundering requirements for licensed firms. Revised App 3

Pension transfers from occupational pension schemes in wind-up. Letter from FSA. November 2003

Training and competence and conduct of business in authorised professional firms. Letter from FSA. 28 November 2003

Note on PII requirements

Complainant Guide
7 (September 2003)  

IMD

Extending the Part XX regime for exempt professional firms carrying on insurance mediation and mortgage activities. Newsletter from the FSA. July 2003
6 (June 2003)  

APFs

Changes to the corporate or legal status of authorised professional firms post N2. Note and covering letter from the FSA. 18 February 2003
5 (January 2003)  

Introductions, money laundering

Note on anti-money laundering requirements from DPB firms. January 2003

Commission paid by IFAs to non-authorised introducer firms. Note and covering letter from the FSA. 18 November 2002
4 (November 2002)   Professional indemnity insurance
3 (October 2002)  

Professional indemnity insurance

Note for firms in relation to professional indemnity insurance. October 2002
2 (June 2002)   Professional indemnity insurance
1 (March 2002)  Self-invested personal pensions

The Institute and Faculty of Actuaries is not responsible for the content of the FSA or other documents which are given for information purposes. You should check with the relevant body for the most up to date issue.