Regulation 12E Bar date notices - procedural requirements
(1) The persons to whom a bar date notice must be given are -
(a) all clients of whose claim for the return of client assets the administrator is aware;
(b) all persons whom the administrator believes have a right to assert a security interest or other entitlement over the client assets;
(c) the FCA and, where the investment bank is a PRA-authorised person, the PRA; and
(d) in a special administration (bank administration) before the Bank of England has given an Objective A Achievement Notice, the Bank of England.
(2) Paragraph (1) does not apply in relation to any such person whom the administrator has no means of contacting.
(3) A bar date notice -
(a) must be advertised once in the Gazette; and
(b) may be advertised in such other manner as the administrator thinks fit.
(4) In advertising a bar date notice under paragraph (3), the administrator must aim to ensure that the notice comes to the attention of as many persons who are eligible to submit a claim for the return of client assets as the administrator considers practicable.