Regulatory AlertsCP25/35: Quarterly consultation paper No. 50
The Financial Conduct Authority proposes decommissioning three general insurance pricing returns and reducing the Baseline Financial Resilience Report frequency to annual for smaller firms to streamline regulatory data collection. The regulator also seeks to reduce the late return administration fee from £250 to £100 to reflect improved compliance rates and lower processing costs. Additionally, the consultation outlines simplifications to listing processes for new securities, clarifications for the Public Offers and Admissions to Trading regime, and an extension of the transitional period for COLL 5 rules.
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