The Financial Conduct Authority (FCA) has published Handbook Notice 109 to summarize the latest amendments to its Handbook in accordance with the following Consultations and FCA Instruments:
Figure 1 – Oversight Table
##### FCA 2023/17, CP22/19, no PS (yet), EventID #17521
This instrument was published by the FCA on May 2, 2023 and comes into force on January 1, 2024 following a corresponding consultation in October 2022 (CP22/19). It modifies the FCA’s Supervision manual (SUP) to implement a new return, the so-called FIN073, which firms will be obliged to file with the FCA. The return is intended to measure and monitor the resilience of all supervised firms excluding credit brokers, investment firms subject to MIFIDPRU, not-for-profit debt advice bodies, PRA-authorized persons, supervised run-offs, and temporary permission firms.
##### FCA 2023/19, CP22/12, no PS (yet), EventID #16551
This instrument was published by the FCA on May 3, 2023 with some provisions coming into force on April 28, 2023 and some on April 29, 2024 following a corresponding consultation in July 2022 (CP22/12). It modifies three regulations, namely
(1) Retained Commission Delegated Regulation (EU) 2017/583
(2) Retained Commission Delegated Regulation (EU) 2017/587
(3) Retained Commission Delegated Regulation (EU) 2017/588
to make changes to the post trade reporting requirements of trading venues and investment firms, modify the current tick size regime, and simplify the OTC transaction reporting framework.
##### FCA 2023/20, CP22/6 of the Payment System Regulator (PSR), no PS, no prior Event
This instrument was published by the FCA on April 28, 2023 and comes into force on same day. It follows a corresponding consultation by the Payment System Regulator (PSR) in December 2022 (CP22/6 of the PSR). It modifies the FCA’s Fees manual (FEES) to implement a new project fee to be levied on payment service providers (PSPs) by the PSR for special projects for the benefit of all PSPs and to change the allocation method of the funding needs to individual supervised payment service providers.
Other Features
broker
capital management companies
Derivatives
fees
financial advisors
fund management
investment firms
levies
liquidity
own funds
payment services
reporting
securities trading
supervisory practices
surveys
trading
trading venues
Date Published: 2023-04-28
Date Taking Effect: 2023-04-28
Regulatory Framework: FCA Handbook
Regulatory Type: regulation
ID 26583
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ID 26578
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ID 26536
The Financial Conduct Authority (FCA) has published an updated list of UK authorized marke ...
ID 26437
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