CP16/17: Quarterly Consultation Paper No. 13

Once a quarter, we consult on proposed miscellaneous amendments to our Handbook. These tend to be minor changes but we still want to get your feedback on our proposals.

CP16/17: Quarterly Consultation Paper No. 13
(PDF)

Why are we consulting on this?

We are proposing to:

align the claims handling rules with the Insurance Act 2015

make minor changes to rules and guidance for firms conducting mortgages and home finance activity

change the definition of a prescribed market in the Handbook Glossary for the purposes of DTR 5 following repeal of the Prescribed Markets and Qualifying Investments Order, and add a new rule in DTR 7.2 to implement the new Non-Financial Reporting Directive (2014/95/EU) (EU NFR) requirement for issuers to disclose their diversity policy in the corporate governance statement

change the Training and Competence sourcebook (TC) list of appropriate qualifications

dis-apply the CASS audit requirements to certain debt management firms

update rules on distribution and promotion of credit union deferred shares and subordinated debt

introduce a new ‘pooled investment vehicle’ definition to clarify the scope of the nonmainstream pooled investment rules

make changes to the regulatory reporting requirements set out in the Supervision manual (SUP)

make changes to the transparency reporting requirements for certain alternative investment fund managers, to reduce information gaps and allow effective monitoring of their risk-taking activities

Who is this paper aimed at?

This will be relevant if you or your firm has any interest in the subjects mentioned above.

Next steps

This consultation has now closed. We will publish feedback on responses and issue a Policy Statement once we have reviewed your comments.

Want to find out more?

For more information:

view the
FCA Handbook

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