Regulatory Alerts2018-05-31
CP18/14: Quarterly Consultation Paper No 21
The Financial Conduct Authority proposes amendments to its Handbook to implement the Insurance Distribution Directive and adjust fee calculations for insurers and newly authorised firms. Key changes include disapplying specific training and remuneration rules for authorised professional firms undertaking non-mainstream regulated activities to align with designated professional body standards. The consultation also seeks feedback on updates to the appointed representative appointment form, current account service information, and regulatory frameworks for mutual societies and investment funds.
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