The FCA has today published its quarterly consultation paper CP16/8. This paper is on in a series of quarterly consultations where the FCA seeks comments on miscellaneous amendments to its Handbook. Though these tend to be minor changes, the regulator wants to get feedback from firms on the proposals.
This quarter the FCA is consulting on the following proposals:
- make changes to the Glossary, SUP, MCOB and MIPRU to signpost how rules implementing the Mortgage Credit Directive apply to passporting firms
- make changes to the Listing Rules, the Disclosure Rules and Transparency Rules, the
Prospectus Rules and the Glossary - make changes to the Enforcement Guide to address the situation where a Final Notice
is issued following the prior publication of a Warning Notice Statement - make changes to the regulatory reporting requirements set out in the Supervision
manual. The proposals amend the notes for the completion of Product Sales Data, conduct breach reporting, credit union prudential reporting requirements, annual reports and accounts reporting, consumer credit forms, non-EEA subgroup reporting and MLAR notes. - amend the Enforcement Guide and the Decision Procedure and Penalties manual to reflect the FCA powers over UK ELTIFs and to set out a decision making procedure
The FCA statement and the full consultation can be found here. The consultation is open until 18 April for Chapter 2, while comments are due for all the chapters on 18 May.