Article 94 Members of designated professional bodiesF1

A designated professional body must, by notice in writing, inform F2the FCA of—

of any relevant member who falls within paragraph (2).

A relevant member of a designated professional body falls within this paragraph if, in accordance with the rules of that body, he carries on, or proposes to carry on any insurance distribution activity but does not have, and does not propose to apply for, Part IV permission on the basis that the general prohibition does not (or will not) apply to the carrying on of that activity by virtue of section 327 of the Act.

A designated professional body must also, by notice in writing, inform F4the FCA of any change in relation to the matters specified in sub-paragraphs (a) to (c) of paragraph (1).

A designated professional body must inform the FCA when a relevant member to whom paragraph (2) applies ceases, for whatever reason, to carry on insurance distribution activities.

The FCA may give directions to a designated professional body as to the manner in which the information referred to in paragraphs (1), (3) and (4) must be provided.