Regulatory AlertsCP22/17: Quarterly Consultation Paper No 37
The Financial Conduct Authority proposes amendments to the individually recognised overseas schemes regime, including defining 'material alterations' and introducing a public censure power. The regulator also seeks to correct labelling errors and update data reporting requirements in the Supervision manual to align with prudential rules. Additionally, the document outlines minor changes to remove obsolete EU references and clarify the definition of a significant SYSC firm.
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