Business
Waiver Renewed
Waiver Renewed.
About this update from Tp Icap Group Plc
[{"type":"text","content":"\n \n8 June 2011\n\nTullett Prebon plc\n\nWaiver from Consolidated Capital Resource Requirements Renewed\n\nTullett Prebon plc (\"the Company\") today announces that its application for a\nrenewal of its waiver from consolidated capital resources requirements has been\napproved by the Financial Services Authority. \n\nThe renewed investment firm consolidation waiver runs for five years and will\nexpire on 6 June 2016.\n\nThe terms of the renewed waiver are the same as those under the existing\nwaiver. Each investment firm within the group must be either a limited activity\nor a limited licence firm and must comply with its individual regulatory\ncapital resources requirements. Tullett Prebon plc, as the parent company, must\ncontinue to maintain capital resources in excess of the sum of the solo\nnotional capital resources requirements for each relevant firm within the\ngroup.\n\n\nInformation disclosure under Pillar 3 is available on the Company's website \nwww.tullettprebon.com.\n\n\n\nEnquiries:\n\nNigel Szembel, Head of Communications, Tullett Prebon plc\n\n+44 (0)20 7200 7722\n\n \n\n \n\n\n \n ","length":1283,"tagName":"div"}]