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|Final date for submission||5pm, Friday 13 October 2023|
|Consultation paper||Proposed guidance on winding-up requirements for registered schemes|
|Submission form||Submission form - Proposed guidance on winding-up requirements for registered schemes|
|Email for submission||[email protected] - please use the title of the consultation paper in the subject line|
We are consulting on proposed guidance on winding-up requirements for registered schemes.
A registered scheme entering a voluntary wind-up process or whose wind-up has been ordered by the Court must follow the requirements in sections 212 and 213 of the FMC Act. We have observed varying approaches to compliance with these sections of the Act. The guidance would share our interpretation and clear expectations for compliance, to help facilitate more consistent market practice.