regulation

The Financial Conduct Authority (FCA) has published a new document on changes it has recently made to its Handbook which are NOT outlined in any corresponding instrument. The modifications are technical in nature, including corrections and adjustments primarily for clarification, correction, and regulatory alignment purposes.
In this particular case, the following FCA Sourcebooks are concerned and were modified:
(1) DISP Dispute Resolution: Complaints, particularly DISP 3.7.4, 2.3.2G, Schedule 4.5, Appendix 4 Annex 1;
(2) COLL Collective Investment Schemes, particularly COLL 6.6.6AR – this rule was removed;
(3) DEPP Decision Procedure and Penalties Manual, particularly DEPP 2.5.10;
(4) MIFIDPRU Prudential sourcebook for MiFID Investment Firms, particularly MIFIDPRU 3 Annex 2R, MIFIDPRU 3 Annex 2, 7.7.6R;
(5) FEES Fees Manual, particularly Schedule 4, and
(6) CONRED Consumer Redress Schemes, specifically CONRED 4.4.9R, 4.4.13R, CONRED 4 Annex 21.
————-
The FCA emphasizes that none of the changes are regarded as having „a legal effect“ or as „policy changes“ to the Handbook.

Other Features
assessment
capital management companies
CDD/ KYC
consumer protection
due diligence
fees
financial advisors
investment firms
issuer
liquid assets
own funds
penalties
pension funds
Date Published: 2023-02-01
Date Taking Effect: 2023-02-28
Regulatory Framework: FCA Handbook
Regulatory Type: regulation

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