When to notify us
You must notify us of this event as soon as reasonably practicable. This should be immediately after you become aware of the investigation.
What you need to do
- We anticipate the initial notification should be from the scheme’s trustees.
- A competent authority is a person or organisation with powers to carry out an investigation and take regulatory action, for example the Financial Conduct Authority, the Prudential Regulation Authority, and investigative agencies such as the Police and the Serious Fraud Office.
Completing the notification form
- You should provide details of this investigation, eg which regulatory body carried out the investigation and (if available) a reference number for the investigation, in section 3 of the form.
- You should outline the actual or potential consequences of the investigation (if known) in section 4.
- You should specify the reason for the investigation (if it is known to you) in section 5.
- You should specify the individual or companies associated with the investigation in section 6.
If there is more than one significant event and they are related, you should use one form to notify us. If the events are not related, you should use separate forms. Check what other significant events to notify us about.