UG-2.1 UG-2.1 Rulebook Structure
Rulebook Volumes
UG-2.1.1
The Rulebook is divided into 7 Volumes, covering different areas of financial services activity, as follows:
Volume 1 Conventional Banks
Volume 2 Islamic Banks
Volume 3 Insurance
Volume 4 Investment Business
Volume 5 Specialised Activities
Volume 6 Capital Markets
Volume 7 Collective Investment Undertakings
Amended: July 2012
October 07UG-2.1.2
Volume 5 (Specialised Activities) covers
money changers ; financing companies;representative offices ;administrators ; trust service providers, micro-finance institutions and providers of ancillary services to the financial sector.Amended: April 2013
Amended: January 2011
October 07Rulebook contents (overview)
UG-2.1.3
Except for Volumes 5, 6 and 7 the basic structure of each Rulebook is the same. Each Volume starts with a contents page and User's Guide. Subsequent material is organised underneath the following headings:
(a) High-level Standards;(b) Business Standards;(c) Prudential Requirements;(d) Reporting Requirements;(e) Enforcement and Redress; and, where appropriate(f) Sector Guides.Amended: April 2013
Amended: July 2012
Amended: January 2011
October 07UG-2.1.4
Volume 5 is organised by the Category of specialised firm concerned, whilst Volume 6 by subject area (authorised exchanges; issuers of securities etc).
October 07UG-2.1.5
The material in Volumes 1-4 is contained in Modules, each covering a specific area of requirements (e.g. High-level Controls). In turn, each Module is divided into Chapters, Sections and Paragraphs, as detailed below.
October 07UG-2.1.6
Each Volume has its own appendix Volume containing relevant reporting and authorisation forms; a glossary; and any supplementary information. In all cases, the main Volume is called "Part A" and the appendix Volume is called "Part B".
October 07
