The policy development update provides some information on our recent and upcoming publications but should not be regarded as comprehensive. We usually update this page on the first Friday of each month – this version is current as of 10 September 2021.
Publications issued
The following publications were issued recently:
- Handbook Notice 90[1]
- Handbook Notice 89[2]
- CP21/17: Enhancing climate-related disclosures by asset managers, life insurers and FCA-regulated pension providers[3]
- CP21/18: Enhancing climate-related disclosures by standard listed companies[4]
- CP21/19: Proposed decision under Article 23D BMR for 6 sterling and yen LIBOR settings[5]
- CP21/20: Regulation of funeral plans - Further proposals[6]
- CP21/21: Primary Markets Effectiveness Review[7]
- CP21/22: LIBOR transition and the derivatives trading obligation[8]
- CP21/23: PRIIPs - Proposed scope rules and amendments to Regulatory Technical Standards[9]
- CP21/24: Diversity and inclusion on company boards and executive committees[10]
- CP21/25: Changes to the FCA’s decision-making procedure[11]
- CP21/26: A new UK prudential regime for MiFID investment firms[12]
- CP21/27: Quarterly Consultation Paper No. 33[13]
- CP21/28: New cancellation and variation power: Changes to the Handbook and Enforcement Guide[14]
- GC21/1: Primary Market Bulletin No. 34[15]
- GC21/2: Primary Market Bulletin No. 35[16]
- GC21/3: Proposed changes to guidance on the FCA’s approach to the review of Part VII insurance business transfers[17]
- PS21/6: Implementation of Investment Firms Prudential Regime[18]
- PS21/7: FCA regulated fees and levies 2021/22[19]
- PS21/8: Regulation of funeral plans - Feedback to CP21/4 and final rules[20]
- PS21/9: Implementation of Investment Firms Prudential Regime[21]
- PS21/10: Investor protection measures for special purpose acquisition companies: Changes to the Listing Rules[22]
- PS21/11: General insurance pricing practices - amendments[23]
- DP 21/2: Diversity and inclusion in the financial sector – working together to drive change[24]
Upcoming publications
For an explanation of the modules see our Handbook Reader's Guide[25] and for an overview of the Handbook see the structure diagram[26]. While we aim to ensure it is accurate, the entries are not comprehensive and dates do not represent firm commitments by us.
Some items in quarterly consultation papers may have a shorter or longer consultation period than the consultation period stated in this update.
|
Future publications |
Intended audience |
Module |
Expected date |
Consultation period |
Expected feedback date |
|---|---|---|---|---|---|
| PS: Restricting CMC charges for financial products and services claims | Firms carrying on claims management activities for financial products and services; firms carrying on claims management services generally; consumers; groups representing consumer interests; other regulators of claims management activity | CMCOB, PERG, CONRED, PERG, GLOSS | 25 October 2021 | N/A | N/A |
| PS: Claims management phoenixing | Firms carrying on claims management activity on claims for financial services and products; FS firms generally; consumers; groups representing consumer interests | CMCOB, GLOSS | 26 November 2021 (TBC) | N/A | N/A |
| PS: Changes to UK MiFID Conduct and organisational requirements |
• Investment firms and market operators in the UK • Banks and Collective Investment Scheme operators providing investment services • Persons providing investment advice and reception and transmission of orders who did not opt into MiFID (‘Article 3 firms) • Persons providing research that we did not authorise |
COBS | End November 2021 | N/A | N/A |
| PS LIBOR transition and the derivatives trading obligation | • Financial counterparties, like investment firms and banks, and non-financial counterparties (as defined in Article 28 of UK MiFIR) that are or could become subject to the DTO. also of interest to regulated trading venues, including third country trading venues that are considered equivalent for the purposes of the DTO (in line with Article 28(1)(d) of UK MiFIR), and to central counterparties (CCPs). |
Technical Standards (Markets in Financial Instruments Regulation) Derivatives Trading Obligation | October/November 2021 | N/A | N/A |
Quarterly Consultation Papers
|
Publication |
Chapter |
Modules |
Expected date of feedback* |
|---|---|---|---|
| CP21/27: Quarterly Consultation Paper No 33 | 2. General insurance value measures reporting | SUP | TBC |
| CP21/27: Quarterly Consultation Paper No 33 | 3. Moving application forms from the Handbook | SUP | TBC |
| CP21/27: Quarterly Consultation Paper No 33 |
4. Amendments to the Handbook to reflect branding changes by the Money and Pensions Service | GLOSS, COBS, MCOB, DISP, CONC | TBC |
| CP21/27: Quarterly Consultation Paper No 33 |
5. Proposal to amend LIBOR references in the Handbook |
GLOSS, IPRU-INV, CASS | TBC |
| CP21/27: Quarterly Consultation Paper No 33 |
6. Consequential changes to the Prospectus Regulation Rules and Listing Rules to align with changes to prospectus regime guidance | GLOSS, LR, PRR | TBC |
| CP21/27: Quarterly Consultation Paper No 33 |
7. Changes to reporting requirements in the Supervision manual | SUP | TBC |
| CP21/27: Quarterly Consultation Paper No 33 |
8. Amendments to our rules on corporate reporting in machine-readable electronic format under DTR 4 | TECHNICAL STANDARDS | TBC |
| CP21/27: Quarterly Consultation Paper No 33 |
9. UK Emissions Trading Scheme | PERG | TBC |
| CP21/16: Quarterly Consultation Paper No 32 | 2. Changes to CONC 6.7.4R | CONC | TBC |
| CP21/16: Quarterly Consultation Paper No 32 | 4. Amendment to MLAR reporting instructions due to cessation of LIBOR | SUP | TBC |
| CP20/18: Quarterly Consultation Paper No 29 (September 2020) | 2. Consequential changes to the Listing Rules (Chapter 8) to align with provisions for ‘exempted documents’ under the Prospectus Regulation | LR | TBC |
| CP19/27: Quarterly Consultation Paper No 25 (September 2019) | 8: Lending Standards Board – FCA code recognition | N/A | TBC |
| CP18/24: Quarterly Consultation No. 22 (September 2018) | 3: Changes to supervisory principles | SUP | TBC |
| CP16/21 Quarterly Consultation No. 14 (September 2016) | 6: Mutuals' deferred shares | GLOSS, COBS | TBC |
* Feedback to QCP consultations will publish in the Handbook Notice.
Other publications
Major policy initiatives may have their own dedicated sections on our website and their progress will not be recorded here. Check under the firms[27] and markets[28] sections of this site.
Consumer publications
View or order free printed guides from MoneyHelper[29].
Contacts
Send comments or questions about this update and forthcoming publications to:
Email: [email protected]