FCA consults on enhancing the National Storage Mechanism

Following the announcement earlier this year that it would be refreshing the National Storage Mechanism (NSM), the FCA is now consulting on proposals to change the requirements for submitting regulated information to the NSM.

The FCA wants to introduce more comprehensive data requirements to improve the NSM’s functionality and to make it easier for users to find information. This includes introducing a standard method by which primary information providers can submit information to the NSM.

The consultation closes on 27 September 2024.