Additional disclosure requirement for applications for approval to act as independent adviser

Published 1 September 2015

The Panel has recently updated its Guidance Note on Independent Advisers and the Code with new disclosure requirements for independent adviser applications. The Panel now also asks both the applicant and appointor to disclose as part of the application whether the applicant and the appointor have discussed the price and/or any parameters of the valuation. See Appendix B of the Guidance Note for the full requirements.

IA1, the template application for approval as an independent adviser, and IA2, the template information from the appointor, have also been updated with the new disclosure requirements.