Regulatory AlertsCP22/10: Quarterly Consultation Paper No. 36
The Financial Conduct Authority proposes amendments to the Decision Procedure and Penalties manual to align decision-making procedures for the discontinuance of securities listings with executive processes. The regulator also consults on new Compensation sourcebook rules enabling the Financial Services Compensation Scheme to fund insolvency practitioners for funeral plan defaults and updates Conduct of Business rules to manage deemed transfers and cheque payments in the funeral plan market. Additionally, the document outlines minor technical changes to annuitant mortality tables, illiquid asset deductions, and IFPR reporting forms to ensure regulatory clarity and accuracy.
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