Regulatory Alerts2016-04-04
CP16/8: Quarterly Consultation Paper No. 12
The Financial Conduct Authority proposes amendments to the Mortgage Credit Directive implementation by clarifying rule applications for passporting firms. It seeks changes to Listing, Disclosure, and Prospectus Rules to prevent artificial transaction structuring and mandate XML reporting for payments to governments. Additionally, the FCA outlines updates to the Enforcement Guide and Supervision manual regarding regulatory reporting and UK European Long-Term Investment Funds.
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