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Policy development update

News stories Published: 02/11/2018 Last updated: 06/09/2019

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 6 September 2019.

Upcoming publications

For an explanation of the modules 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.

Future publications

Intended audience

Module

Expected date

Consultation period

Expected feedback date
Consultation and discussion on Investment Platforms Market Study remedies (to be published alongside the Market Study Final Report) Platform Service Providers, other firms that distribute retail investment products, fund managers. COBS March 2019 3 months Q4 2019
OPBAS (Office for professional body anti-money-laundering supervision): fee rate 2019/20 – PS to CP19/24 Professional body supervisors overseen by OPBAS FEES App2 December 2019 N/A N/A
Regulatory fees and levies: policy proposals for 2020/21
  • Any proposed changes to how fees or levies will be calculated 
  • Clarification or modification of existing FEES rules
 GLOSS, FEES October 2019 2 months February 2020

Review of the permitted links rules for insurers in relation to investment in Patient Capital- PS to CP18/40 and follow-up to DP18/10on Patient Capital investment in authorised funds.

Insurers offering pensions and insurance-based investment products plus fund

 COBS H2 2019 N/A N/A
General insurance value measures reporting – Potential PS

Insurers, intermediaries and other firms involved in the insurance market, and trade bodies representing these firms. It will also be of interest to consumer organisations and consumers.

 ICOBS, REP, PROD Q4 2019 N/A N/A
High-cost Credit Review – Overdraft Pricing Remedies and Competition Remedies – PS to CP19/18
  • Firms providing personal current accounts, trade bodies
 CONC, BCOBS Q4 2019 N/A N/A
Price discrimination in the cash savings market
  • Banks and Building Societies; providers of easy access cash savings accounts and easy access cash ISAs; Intermediaries; trade bodies representing firms and consumer groups. 
 BCOBS, SUP Q4 2019 3 months if CP Q1 2020
Illiquid assets and open-ended funds – PS to CP 18/27
  • Operators and investment managers of open-ended funds that are likely to hold illiquid assets, depositaries, ancillary service providers, intermediaries (eg platform service providers, wealth managers, financial advisers), firms communicating financial promotions to retail clients for funds investing mainly in illiquid assets, investors who have direct or indirect exposure to these funds.
 COBS, COLL Q3 2019 N/A N/A

Quarterly Consultation Papers

Publication

Chapter

Modules

Expected date of feedback*
CP19/19: Quarterly Consultation Paper No 24 (June 2019) 2: Gibraltar-based firms – fees and levies FEES TBC
CP19/19: Quarterly Consultation Paper No 24 (June 2019) 3: New notification procedures for changes to the management body SUP TBC
CP19/19: Quarterly Consultation Paper No 24 (June 2019) 4: Changes to Handbook form SUP 10C Annex 10D: Statement of Responsibilities SUP TBC
CP19/19: Quarterly Consultation Paper No 24 (June 2019) 5: Updates to Handbook form SUP 8 Annex 2 Application form for a waiver or modification of rules SUP TBC
CP18/39: Quarterly Consultation Paper No 23 (December 2018) 2: Changes to Firm Details reporting requirements 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 and Pensions Service.

Contacts

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

Email: [email protected]