Policy development update

The policy development update provides some information on our recent and upcoming publications but should not be regarded as comprehensive. We usually update this page on the first Friday of each month – this version is current as of 5 October 2018.

Publications issued

The following publications were issued recently:

Upcoming publications

The list below is arranged under the blocks of our Handbook where the policy is likely to be given effect. For an explanation of the blocks see our Handbook Reader's Guide and for an overview of the Handbook see the structure diagram. While we aim to ensure it is accurate, the entries are not comprehensive and dates do not represent firm commitments by us. 

Some items in quarterly consultation papers may have a shorter or longer consultation period than the consultation period stated in this update.

High level standards

Future publications

Intended audience

Module

Expected date

Consultation period

Expected feedback date

General standards and communication rules for the payment services and e-money sectors – PS to CP18/21 Payment service providers (PSPs) and e-money issuers, consumer bodies and relevant trade bodies PRIN, BCOBS January 2019 N/A N/A

Claims Management: fees proposals
- PS to CP18/23

Claims management companies established or serving customers, in England, Scotland and Wales, including those who deal with section 75 claims GLOSS, FEES December 2018 N/A N/A
Approach to final Regulatory Technical Standards and EBA guidelines under the revised Payment Services Directive (PSD2) – PS to CP18/25 Payment Service Providers and Credit Unions GLOSS, SUP, DISP, CREDS, BCOBS December 2018 N/A N/A

Recovering the costs of the Office for Professional Body Anti-Money Laundering Supervision (OPBAS): Rates proposals 2018/19

Professional body supervisors listed in Schedule 1 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the MLRs) and bodies considering applying to be listed. FEES App2 October 2018 2 Months January 2019
Regulatory fees and levies: policy proposals for 2019/20
  • Onshoring ESMA regulatory functions after Brexit (Credit rating agencies, trade repositories, securitisation repositories), various FEES clarifications and definitional adjustments, possibly other topics but not yet finalised.
  • Devolved Authorities debt advice levy – consumer credit lenders
GLOSS FEES November 2018 2 months February 2019

Review of the permitted links rules for insurers in relation to investment in Patient Capital and a discussion paper on Patient Capital investment in authorised funds.

  • Insurers offering pensions and insurance-based investment products plus fund
COBS Q4 2018 TBC Q2 2019

Regulatory Processes

Future publications Intended audience Module Expected date Consultation period Expected feedback date
EU Securitisation Regulation Implementation (DEPP and EG) CP These proposals will be of interest to anyone who may be subject to regulation under the EU Securitisation Regulation DEPP, EG October 2018 3 weeks December 2018

Quarterly Consultation Papers

Publication

Chapter

Modules

Expected date of feedback*

CP18/24 Quarterly Consultation No. 22 (September 2018) 2: Changes to reporting requirements in SUP SUP TBC

CP18/24 Quarterly Consultation No. 22 (September 2018)

3: Changes to supervisory principles

SUP

Winter 2018/19

CP16/21 Quarterly Consultation No. 14 (September 2016)

6: Mutuals' deferred shares

GLOSS, COBS

TBC

CP16/17 Quarterly Consultation No. 13 (July 2016)

8: A new 'pooled investment vehicle' definition for the marketing restriction rules on NMPIs

GLOSS

TBC

* Feedback to QCP consultations will publish in the Handbook Notice.

Other publications

Major policy initiatives may have their own dedicated sections on our website and their progress will not be recorded here. Check under the firms and markets sections of this site.

Consumer publications

View or order free printed guides from the Money Advice Service.

Contacts

Send comments or questions about this update and forthcoming publications to:

Email: [email protected]