CP17/8: Markets in Financial Instruments Directive II Implementation – Consultation Paper V

Show CP17/8 (PDF)

This consultation deals with changes to our decision procedure and penalties manual and the enforcement guide. It also sets out our proposals for new conduct rules dealing with the non-MiFID business of occupational pension scheme firms.

This consultation will also cover consequential and miscellaneous changes to the FCA Handbook and new guidance on the use of third parties where firms are required to send us financial instrument reference data or commodity derivative position reports.

Who this applies to

This consultation affects a wide range of firms that we authorise and recognise (as well as unregulated entities trading commodity derivatives), particularly:

• banks
• investment firms
• recognised investment exchanges
• multilateral trading facilities
• prospective data reporting service providers
• occupational pension scheme firms

What you need to do

This consultation has now closed.

Next steps

Following consideration of your feedback, we will set out our proposed approach to the final rules for chapters 3 and 4 in our second policy statement that will be published in June 2017. We will publish rules on the issues in chapter 2 separately.