FIN.

FCA consults on CONC and other miscellaneous changes

FCA’s latest quarterly consultation on minor rule changes focuses on:

  • changes to CONC to
    • enable firms that provide credit cards to offer instalment plans without applying for a rule modification
    • make minor changes consequential on the updates to the statutory information sheets;
  • changes to the MLAR reporting instructions because of LIBOR cessation; and
  • changes to DEPP and FEES because of the new power for FCA to cancel or vary firms’ permissions.

Comments are due by 5 July for some changes and 2 August for others.

Emma Radmore