FCA makes new rules

FCA has published new rules including amendments to:

• introduce the requirements on Sustainability Labelling and Disclosure (from 28 November 2023)
• update SYSC from 8 December in respect of changes to the proportionality of remuneration rules for smaller, less complex banks and exempts certain firms from the malus and clawback requirements;
• update various Handbook modules from 5 April 2024 in respect of the IDD Delegated Regulations; and
• update ICOBs from 22 December 2023 to remove duplication of costs and processes to firms in relation to employers’ liability products.