On 26 April 2019, the FCA published Handbook Notice 65.
In Handbook Notice 65 the FCA briefly discusses:
- the changes its board made to the Handbook on 28 March 2019 through the Conduct of Business (Binary Options) Instrument 2019. The changes became effective on 2 April 2019 and create rules prohibiting the sale, marketing and distribution of binary options to retail consumers;
- changes to certain Binding Technical Standards (BTS) that formed part of the FCA’s Brexit consultations but could not be made with the previous BTS in March 2019, as the FCA was not in a position to make these until parallel versions were made by the PRA. The BTS also make a number of updates to the BTS published in March, to reflect amendments made by the FCA in April. The BTS will come into force on exit day as defined in the European Union (Withdrawal) Act 2018; and
- the changes its Executive Regulation and Policy Committee made on 16 April 2019 through the Supervision Manual (Supervisory Principles Amendment) Instrument 2019. The changes became effective on 24 April 2019 and update the principles which guide the FCA’s supervisory work and help the regulator prioritise its interventions in order to deliver its objectives.