FCA makes new rules

FCA has published Handbook Notice 102, confirming new rules:

  • implementing the Consumer Duty (as decided in its July Board meeting)
  • implementing the changes to appointment and supervision of Appointed Representatives (again, decided in July)
  • updating financial promotion rules in respect of high risk investments (also from July)
  • changes to DEPP, to move the decision maker from the RDC to FCA staff under executive procedures relating to listingeffective from 30 September;
  • changes to the IFPR, to update reporting forms in MIFIDPRU, effective from 30 September; and
  • minor miscellaneous Handbook changes.


Emma Radmore