FCA makes new rules

FCA’s latest Handbook Notice confirms:

• changes to ICOBS to reduce the impact of financial difficulties by enabling customers to maintain an appropriate level of insurance;
• amendments to FCA’s Glossary and PERG to provide greater certainty to firms about the permissions they require to carry out business;
• changes to SUP to bring all full permission consumer credit firms in scope of FIN073;
• amendments to FCA’s Glossary and DTR to streamline provisions on how issuers with securities admitted to UK regulated markets must electronically structure annual financial reports;
• revocation of Commission Delegated Regulation (EU) 2019/815;
• the new figures for periodic regulatory fees and levies; and
• minor changes to other modules of the Handbook.