Regulatory AlertsCP18/6: Quarterly Consultation Paper No 20
The Financial Conduct Authority proposes miscellaneous amendments to its Handbook covering IFPRU consistency, large exposures transitional provisions, and regulatory reporting updates. The consultation also addresses the implementation of EBA Guidelines on payment services under PSD2 and updates the FCA's Approach Document regarding payment services and electronic money. Additionally, the document notes a change to the FCA's address in the Handbook to reflect its upcoming move to Stratford.
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.
Show CP18/6: Quarterly Consultation Paper No. 20 (PDF)
CP18/6: Addendum (PDF)
What we are consulting on this quarter
We are proposing to make changes to:
IFPRU 3.2 to ensure consistency of application and align with existing rules in IFPRU 11.6
IFPRU 11.5 to promote clarity for firms and groups within the scope of IFPRU 11 and ensure continued compliance with the Recovery and Resolution Directive (RRD)
proposed transitional provision for the large exposures treatment of certain public sector exposures denominated in the domestic currency of any Member State under Regulation (EU) 2017/2395
regulatory reporting requirements in the Supervision manual
our address in the Handbook in line with our upcoming move to Stratford
SUP to implement the EBA Guidelines on payment services under the revised Payment Services Directive (PSD2) and to implement the requirements of Regulation 98 of the Payment Services Regulations 2017
our Approach Document ‘Payment Services and Electronic Money – Our Approach, the FCA’s role under the Payment Services Regulations 2017 and the Electronic Money Regulations 2011’
Who this applies to
This will be relevant if you or your firm has any interest in the subjects mentioned above.
This consultation has now closed.
Further information
For more information please view the FCA Handbook .
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