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ONA

The Regulatory Roundup of 16 October 2009 contained an article on the new FSA reporting system – Online Notifications and Applications – which would be used for the submission of applications/notifications re: Approved Persons; Appointed Representatives; Variations of permissions; Passports; Cancellations; Waivers; and Standing Data.

Mandatory use of ONA was going to be ‘Autumn 2009’ (CP09/20), which slipped to ‘before the end of December 2009’ (website). The current website advises ‘this winter’ – although as the web page is dated October 2009 it wasn’t clear whether ‘this winter’ meant another failed deadline or an aspiration for the end of 2010.

At a presentation given by Sharon Campbell, FSA Head of Permissions Department, the other day the subject of ONA arose. We were advised that it is being used internally and could ‘possibly’ go live for external usage in Q3 of this year.

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