On 7 March 2025, the Financial Conduct Authority (FCA) published Consultation Paper 25/4: Quarterly Consultation Paper No. 47 (CP25/4).

In CP25/4 the FCA sets out various proposed miscellaneous amendments to the Handbook. In summary these are:

• Chapter 2 – Annual consultation for TC Appendix 4 and the Glossary to amend the names and activity numbers of appropriate qualifications and providers where there have been changes and move qualifications no longer offered to Part 2B of the table.
• Chapter 3 – To re-align the disclosure requirements in BCOBS 4.3.4R(2) for non-ring-fenced bodies with the geographic scope of core deposits which must be ring-fenced, following changes to legislation.
• Chapter 4 – To ensure that the Financial Services Compensation Scheme’s electronic assignments (set out in COMP 7.2.3AAR) are compatible with and acknowledge requirements set out in Scots law.
• Chapter 5 – To amend UKLR 11.5.5R (relevant related party transactions) to include a requirement from the old listing rules (LR 11.1.7R(4)) which, in summary, had the effect of requiring the company to exclude the related party and their associates from voting on the shareholder resolution on the transaction.
• Chapter 6 – To amend DISP to clarify the eligibility of complaints made against firms with whom the complainant has an indirect relationship, where the complainant is a beneficiary or a person with a beneficial interest in a personal pension scheme or stakeholder pension scheme.

Next steps

The deadline for comments on chapters 2, 3, 4 and 5 is 14 April 2025. The deadline for comments on chapter 6 is 5 May 2025.