On 2 June 2023, the FCA published Quarterly Consultation No 40.

In Quarterly Consultation No 40 the FCA is proposing to:

  • Make corrections and clarifications to MIFIDPRU 7 and SUP 16.
  • Introduce a post-trade transparency deferral for exchange traded fund transactions executed at net asset value.
  • Clarify the scope of the ban on offering retail clients incentives to invest in high-risk investments.

The deadline for comments to Quarterly Consultation No 40 is 10 July 2023.