United Kingdom

Topic: FCA / PRA Handbook

Subscribe to FCA / PRA Handbook RSS feed

FCA Handbook No. 62

On 25 January 2019, the FCA published its latest Handbook Notice (No.62). In this Handbook Notice the FCA summarises the changes the FCA Board made to the Handbook on 13 December 2018, 2 January 2019 and 24 January 2019 in the following instruments: Personal Current Accounts and Overdrafts (Information and Tools for Customers) Instrument 2018 … Continue Reading

FCA Policy development update

On 4 January 2019, the FCA published its latest Policy development update. The update contains links to recently issued FCA publications and a table concerning forthcoming FCA publications. Among other things the FCA will publish in January a Policy Statement to Consultation Paper 18/21: General standards and communication rules for the payment services and e-money … Continue Reading

FCA Handbook instruments

On 1 January 2019, Financial Services and Markets Act 2000 (Securitisation) Regulations 2018 entered into force, implementing the EU Securitisation Regulation. The FCA has now published two instruments in light of this: Securitisation Regulation Implementation (Fees for Third Party Verifiers) Instrument 2019(FCA 2019/1). Enforcement (EU Securitisation Regulation) Instrument 2019(FCA 2019/2). Both instruments entered into force on … Continue Reading

Handbook Notice No. 61

On 13 December 2018, the FCA published Handbook Notice No. 61. The Handbook Notice describes the changes to the Handbook and other material made by the FCA board under its legislative and other statutory powers on 15 November and 13 December 2018. These changes were made in the following statutory instruments: High Cost Credit (Rent … Continue Reading

FCA consults on changes to permitted links rules to facilitate investment in patient capital

On 12 December 2018, the FCA published Consultation Paper 18/40: consultation on proposed amendment of COBS 21.3 permitted links rules  (CP18/40). The FCA’s proposals in CP18/40 will be of interest to those with an interest in unit-linked funds that may wish to hold illiquid or higher risk assets. The proposals follow recommendations by the Law … Continue Reading

FCA policy development update

On 2 November 2018, the FCA published its latest policy development update setting out links to recent FCA publications and a high level table of forthcoming FCA publications. Among other things the FCA states that in December 2018 it expects to publish a Policy Statement to Consultation Paper 18/25: approach to final regulatory technical standards … Continue Reading

PRA publishes Occasional Consultation Paper

On 22 October 2018, the PRA published Occasional Consultation Paper 24/18 (CP24/18). In CP24/18 the PRA sets out proposed miscellaneous amendments to its Rulebook, Supervisory Statements, Statements of Policy and forms. CP24/18 is divided into six chapters covering separate areas of proposals: reporting – amendment to the branch return: amending the incoming firms and third … Continue Reading

FCA policy development update: October 2018

The FCA has published its October policy development update. The update provides links to recent FCA publications and a high level list of upcoming publications which include: Policy Statement to Consultation Paper 18/25: Approach to final Regulatory Technical Standards and EBA guidelines under the PSD2 (December 2018); Policy Statement to Consultation Paper 18/21: General standards … Continue Reading

FCA Policy development update

On 7 September 2018, the FCA issued its latest Policy development update. The update provides hyperlinks to recently issued FCA publications: Global Financial Innovation Network; and Consultation Paper 18/23: Claims management companies: recovering the costs of regulation and the Financial Ombudsman Service. The update also contains a table concerning forthcoming expected FCA publications. This includes a … Continue Reading

FCA Policy development update

On 3 August 2018, the FCA issued its latest Policy development update. The update provides hyperlinks to recently issued FCA publications including: Discussion Paper 18/4: Building the UK financial sector’s operational resilience; Track changes: Payment Services and Electronic Money – Our Approach – July 2018; Policy Statement 18/17: The European Money Market Funds (MMF) Regulation; … Continue Reading

FCA consults on Handbook changes in anticipation of Securitisation Regulation and CRR Amendment Regulation

On 1 August 2018, the FCA published Consultation Paper 18/22: Handbook changes to reflect the application of the EU Securitisation Regulation and the amendment to the Capital Requirement Regulation (CP18/22). In CP18/22 the FCA consults on amendments to its Handbook which take into account the Securitisation Regulation and amendments to the Capital Requirement Regulation (CRR), … Continue Reading

FCA Handbook Notice 57

On 27 July 2018, the FCA published Handbook Notice No.57. This Handbook Notice sets out changes to the Handbook made by the FCA Board in their recent meetings. Changes have been made to the following instruments: FCA Recognised Industry Codes (DEPP and EG) Instrument 2018; Benchmarks Regulation (Amendment) (Financial Ombudsman Service) Instrument 2018; Insurance Distribution … Continue Reading

PRA occasional consultation paper on reforms to regulatory reporting

On 23 July 2018, the PRA published an occasional consultation paper on regulatory reporting (the Consultation Paper). In the Consultation Paper, the Prudential Regulation Authority (PRA) sets out reforms to the PRA reporting requirements. These reforms are: discontinuation of Prudent Valuation Return PV001; changes to PRA reporting instructions to align with updated EBA requirements (RFB001, … Continue Reading

FCA publishes terms of reference for its digital regulatory reporting pilot

On 20 July 2018, the FCA published the terms of reference for its Digital Regulatory Reporting Pilot (the Pilot). Following an FCA event which proved that machine executable regulatory reporting is technologically feasible, the Pilot aims to evaluate the potential benefits of machine readable and executable regulatory reporting via the development of a minimum viable … Continue Reading

FCA policy development update

On 6th July 2018, the FCA issued its latest Policy development update. The update provides hyperlinks to recently issued FCA publications including (among others): CP18/14: Quarterly Consultation Paper No 21 on proposed amendments to the FCA Handbook; CP18/19: Introducing the Directory. Proposals to make public information on additional individuals carrying out a range of financial … Continue Reading

FCA Handbook Notice

On 29 June 2018, the FCA published Handbook Notice No. 56. In the Handbook Notice the FCA summarises recent changes made to the Handbook as set out in the instruments below: Listing Rules (Sovereign Controlled Commercial Companies) Instrument 2018; Handbook Administration (No. 49) Instrument 2018; Benchmarks Regulation (Amendment) Instrument 2018; Periodic Fees (2018/19) and Other … Continue Reading

CP18/14: Quarterly Consultation Paper No 21

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); … Continue Reading

FCA Policy development update

On 1 June 2018, the FCA issued its latest Policy development update. The update provides hyperlinks to recent issued FCA publications: Policy Statement 18/10: Retiring Finalised Guidance (FG) 12/15 and FG14/1; Guidance Consultation (GC) 18/2: Fairness of variation terms in financial services consumer contracts under the Consumer Rights Act 2015; Handbook Notice 55; FG18/4: The … Continue Reading

FCA Handbook Notice 55

On 25 May 2018, the FCA published Handbook Notice 55. This Handbook Notice describes the changes to the Handbook and other material made by the FCA Board under its legislative and other statutory powers on 26 April and 24 May 2018. The relevant instruments are: Financial Services Compensation Scheme (Funding Review) Instrument 2018 (FCA 2018/22); … Continue Reading
LexBlog