Once a quarter, we consult on proposed miscellaneous amendments to our Handbook. These tend to be minor changes but we still want to get your feedback on our proposals.
increase the £100 medical condition premium trigger point for firms to signpost customers with pre-existing medical conditions (PEMCs) to a directory of specialist providers and futureproof the threshold in line with inflation. To limit the number of entries in a medical cover firm directory to a single brand per firm
remove the requirement for UK insurance special purpose vehicles (UK ISPVs) to comply with SYSC 3.2.8R[7] and to allocate the SMF16 Compliance Oversight Function
update references to the new edition of the UK Corporate Governance Code in the Handbook
amend SUP 3.1.2R(5B)[8] to address a gap in our rules that currently allows debt management firms to avoid submitting a Client Assets Sourcebook (CASS) audit
Who this applies to
This will be relevant if you or your firm has any interest in the subjects above.
