In our issue of 14 April 2015 we spoke about the requirement to submit annual financial statements to the FSB four months after the FSP’s financial year end.
If your FSP’s year end was 28 February 2015 then the due date for submission of your annual financial statements to the FSB will be 30 June 2015. Please refer to our earlier issue which sets out the details of what your annual financial statements should comprise and how these should be submitted to the FSB before the due date.
Submitting of financial statements before the due date is critical as late submissions may lead to suspension of the FSP licence. Please contact your compliance officer if you require any further assistance in this regard.