On 1 June 2018, the FCA published Consultation Paper 18/14: Quarterly Consultation Paper No. 21 (CP18/14).  In CP18/14 the FCA is consulting on miscellaneous amendments to the FCA Handbook proposing changes to:

  • dis-apply some Handbook rules to authorised professional firms who carry out non-mainstream regulated activities (chapter 1);
  • the appointed representatives appointment form (chapter 1);
  • the COBS rules for insurance distribution (chapter 1);
  • FEES 4.2 relating to the tariff data used to calculate fees for newly authorised firms (chapter 3);
  • FEES 4.4, FEES 4 Annex 1AR and FEES 5.4 relating to the tariff data (measure of size of firms within a fee-block) the FCA will use to calculate insurers’ periodic fees and levies from 2018/19 (chapter 3);
  • BCOBS 7 as a result of detailed technical discussions with firms preparing to implement the requirements, which have identified that certain rules do not achieve the outcome set out in PS17/26 (chapter 4);
  • DEPP and EG following the transfer of the Northern Ireland mutual societies registration function to the FCA (chapter 5); and
  • DEPP and EG following the implementation of the MMF Regulation and amendments to EuSEF and EuVECA Regulations (chapter 6).