On 1 March 2024, the FCA published a portfolio letter which updates earlier portfolio letters issued in August 2022 and February 2023 covering the regulator’s alternatives supervisory strategy and asset management supervisory strategy respectively. The update reflects changes in the external risk environment and work that the FCA has completed since those letters, as well
On 1 March 2024, the Financial Conduct Authority (FCA) published Handbook Notice No.116. This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA Board under its legislative and other statutory powers.
On 29 February 2024, the FCA Board made changes to the Handbook, as set out
On 1 March 2024, the Financial Conduct Authority (FCA) published Consultation Paper 24/3: Quarterly Consultation No.43 (CP24/3).
In CP24/3, the FCA is consulting on the following miscellaneous amendments to the Handbook:
On 26 January 2024, the FCA published Primary Market Bulletin 47, which focuses on recent developments concerning the UK’s short selling regulation and the Credit Rating Agency UK Market Share Report for 2022.
Short selling
In relation to the UK’s short selling regime the Bulletin covers:
On 26 January 2024, the FCA published Handbook Notice No. 115.
This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA Board under its legislative and other statutory powers.
On 14 December 2023, the FCA Board made changes to the FCA Handbook, as set out in the
On 10 January 2024, the FCA published its finalised rule review framework, which it has developed in line with an obligation introduced by the Financial Services and Markets Act 2023. The FCA consulted on its draft approach in July 2023 and its finalised framework reflects the feedback received.
The rule review framework explains how
On 2 May 2023, the Prudential Regulation Authority (PRA) published its 2023/24 Business Plan. The Business Plan sets out the workplan for each of the PRA’s four strategic priorities to support the delivery of its strategy, together with an overview of the PRA’s budget for 2023/24.
The PRA’s strategic priorities for 2023/24
On 13 April 2023, the Prudential Regulation Authority (PRA) published Consultation Paper CP7/23 – Regulated fees and levies: Rates proposals 2023/24. CP7/23 sets out proposals for the PRA’s fees for 2023/24, which would make amendments to the Fees part of the PRA Rulebook (Appendix 1).
The proposals include:
On 15 March 2022, the PRA published Consultation Paper 3/22 ‘Occasional Consultation Paper – March 2022’ (CP3/22).
In CP3/22 the PRA sets out minor amendments to UK Technical Standards (UKTS), PRA rules, supervisory statements (SS), Legacy Supervisory Statements, and a Statement of Policy (SoP). Among other things it proposes:
On 4 March 2022, the FCA published Consultation Paper 22/4: Quarterly Consultation No. 35 (CP22/4).
In CP22/4 the FCA sets out miscellaneous amendments to the FCA Handbook comprising: