Regulatory AlertsCP22/26: Quarterly Consultation Paper No. 38
The Financial Conduct Authority proposes amendments to the Training and Competence sourcebook to update accredited body definitions and correct administrative errors. It also seeks to remove USD LIBOR derivative products from the derivatives trading obligation to align with benchmark reform and the discontinuation of USD LIBOR. Additionally, the paper outlines changes to the FCA's registration guide for mutual societies, clarifications to MIFIDPRU, and updates to product governance and Consumer Duty rules.
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