Interim Prudential Sourcebook for Friendly Societies. It sets rules, principles, guidance on how to comply with a requirement, evidential provisions (high-level guidance containing examples on compliance) and directions on minor. The rules, etc., arise from FSMA and powers devolved upon the FSA. The rules have the status of law and principles, while lacking legal status, are effectively as powerful. IPRU (FSOC) will become integrated in the new Integrated Sourcebook.

Interim Prudential Sourcebook for Insurers. This comprehensive document sets out rules, principles and directions applicable to insurers. The rules, etc., are derived from FSMA and/or the powers of the FSA. Rules have legal status but principles, though effectively as powerful, do not. The Sourcebook gives guidance on how an insurer should comply with its various obligations. Evidential provisions give highlevel guidance and examples on compliance. Separate sourcebooks exist for Lloyd’s, Friendly Societies, banks, investment businesses and building societies. IPRU (INS) will become incorporated in the new Integrated Sourcebook.