COLL 5.6.9 Preparation of Long and Short Reports—QFC Retail Schemes

(1) The operator of a QFC retail scheme must prepare:
(a) a long report for each annual accounting period; and
(b) a short report for each half-yearly accounting period that does not end at the end of an annual accounting period.
(2) The long report and short report must be prepared in accordance with this Division.

Note Annual accounting period and half-yearly accounting period are defined in the glossary.
(3) For a QFC retail scheme that is an umbrella scheme, the operator must prepare a short report for each subscheme but need not prepare a short report for the QFC retail scheme as a whole.
Amended by QFCRA RM/2016-1 (as from 19th September 2016)