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 2 February 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

Recovering the costs of the Office for Professional Body Anti-Money Laundering Supervision (OPBAS): fees proposals - PS to CP17/35 Professional body supervisors listed or who are considering applying to be listed under Schedule 1 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 FEES April 2018 N/A N/A
Regulatory fees and levies: policy proposals for 2018/19 - PS to CP17/38
  • FCA periodic fee-payers - all
  • Financial Ombudsman Service annual general levies under both the compulsory and voluntary jurisdictions – paid by insurers
  • Money Advice Service levy payers - deposit takers in fee-block A.1, home finance providers in fee-block A.2, consumer credit firms that undertake lending and other firms in fee blocks CC1 and CC2
FEES April 2018 N/A N/A
FCA regulated fees and levies: rates proposals 2018/19
  • fee-payers paying FCA fees, Financial Ombudsman Service, Money Advice Service, Pensions Guidance and Illegal Money Lending levies
FEES April 2018 2 months June 2018
Reviewing the funding of the Financial Services Compensation Scheme (FSCS) – PS to CP17/36
  • all firms
COMP, FEES 6 Q2 or Q3 2018 N/A N/A
Perimeter guidance on personal recommendations on retail investments – 2nd PS to CP 17/28
  • advice firms and product providers
  • trade associations
  • consumers and consumer groups
COBS, SUP, PERG 23 February 2018 N/A N/A
EU Money Market Funds (MMF) Regulation CP
  • EEA and UK fund managers which manage, or intend to manage, MMFs. Also those advising on, distributing or investing in MMFs.
FEES, COLL 24 January 2018 2 months TBC

Business standards

Future publications

Intended audience

Module

Expected date

Consultation period

Expected feedback date

           

Regulatory processes

Future publications

Intended audience

Module

Expected date

Consultation period

Expected feedback date

Payment Services and Electronic Money; changes to our rules and guidance under the Payment Services Regulations 2017

  • All Payment Service Providers

SUP

March 2018

Six weeks

TBC

Specialist sourcebooks

Future publications

Intended audience

Module

Expected date

Consultation period

Expected feedback date

Credit card market study: consultation on persistent debt and earlier intervention remedies – PS to CP 17/43

  • firms offering credit cards
  • firms providing debt advice
  • consumer organisations 
  • trade bodies

CONC

TBC

N/A

N/A

Other

Publication

Chapter

Modules

Expected date of feedback*

CP17/39 Quarterly Consultation No.19 (December 2017) 2: Changes to the Decision Procedure and Penalties manual (DEPP) DEPP TBC
CP17/39 Quarterly Consultation No.19 (December 2017) 3: Minor changes to the Listing Rules and the Disclosure Guidance and Transparency Rules sourcebooks LR, DTR TBC
CP17/39 Quarterly Consultation No.19 (December 2017) 4: Changes to DISP: Access to the Financial Ombudsman Service for PEPs, and referrals to TPO GLOSS, DISP TBC
CP17/39 Quarterly Consultation No.19 (December 2017) 5: PSD2: Changes to collect the general levy for the Financial Ombudsman Service from registered account information service providers (RAISPs) GLOSS, FEES TBC
CP17/39 Quarterly Consultation No.19 (December 2017) 7: Financial Crime reporting SUP TBC
CP17/39 Quarterly Consultation No.19 (December 2017) 8: Changes to reporting requirements in the Supervision manual and ICOBS ICOBS, SUP TBC

CP17/32 Quarterly Consultation No. 18 (September 2017)

9: Retirement interest-only mortgages

GLOSS, MCOB

March 2018

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
CP16/8 Quarterly Consultation No. 12 (March 2016) 3: Changes to requirements in the Listing Rules, Disclosure Rules and Transparency Rules, and Prospectus Rules, and Glossary GLOSS, LR, PR, DTR 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]