Regulatory Alerts2016-11-30
FCA Quarterly Consultation Paper No. 15 (CP16/39)
The Financial Conduct Authority proposes amendments to the FCA Handbook that update pension projection rules for risk warnings, revise decision-making procedures under the Money Laundering Regulations and Co-operative and Community Benefit Societies Act, and adjust adviser charging frameworks for vertically integrated firms. The consultation also outlines changes to the Disclosure Guidance and Transparency Rules, Training and Competence sourcebook, and regulatory reporting requirements to align with current legislative and market standards. Regulated firms and industry stakeholders are invited to submit formal comments on these proposed rule changes by specified deadlines in early 2017.
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