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 10 August 2020.

Publications issued

The following publications were issued recently:

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

CP on Financial Crime Reporting
  • Banks, building societies and credit unions
  • Consumer credit firms
  • Electronic money and payment institutions
  • FCA colleagues (not for events)
  • Financial advisers
  • Fintech and innovative businesses
  • General insurers and insurance intermediaries
  • Investment managers
  • Life insurers and pension providers
  • Mortgage lenders and intermediaries
  • Mutual societies
  • Professional bodies
  • Sole advisers
  • Wealth managers
FCG Q3 2020 N/A N/A
Debt advice levy rates – additional funding – PS to CP20/16    Fee-payers paying the:
  • Money and Pensions Service debt advice levy; and
  • Devolved Authorities’ debt advice levy  
FEES Q4 2020 2 months November/December 2020
CP on exit fees in investment platforms and comparable firms
  • Investment platforms and ‘comparable firms’ – to be defined in the CP, and may include:
  • asset and wealth managers,
  • personal pension operators
  • fund managers, life insurers and other product providers, where they offer consumers direct access to their products
COBS 2021 3 months  2021
Open-ended Investment Companies -Proposals to facilitate standard listing – PS to CP20/5
  • Investors, including retail investors, who own shares in listed OEICs or are considering such an investment
  • OEICs that already have a premium listing of their shares or are considering applying to the FCA for a listing
  • OEICs that currently have a standard listing of their shares under LR chapter 14 (under historic transitional provisions in LR) that may wish to consider moving to the revised standard listing segment for OEICs in LR chapter 16
  • Fund managers of OEICs
  • Advisors to the above, including FCA-approved sponsor firms
LR Q4 2020 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      
Single Easy Access Rate – PS or FS to CP 20/1
  • Providers of cash savings products, intermediaries such as financial advisors, consumer organisations and consumers
BCOBS 2021 Extended to October 1 N/A

Quarterly Consultation Papers

Publication

Chapter

Modules

Expected date of feedback*

CP20/7: Quarterly Consultation Paper No 28 4. Changes to the Sourcebook for professional body anti-money laundering supervisors – criminality checks Non-Handbook: OPBAS Sourcebook TBC
CP20/4: Quarterly Consultation Paper No 27 (March 2020) 3. Consequential changes to the Financial Crime Guide FCG TBC
CP20/4: Quarterly Consultation Paper No 27 (March 2020) 4. Changes to the Consumer Credit sourcebook – high net worth exemption CONC TBC
CP20/4: Quarterly Consultation Paper No 27 (March 2020) 5. OPBAS Regulations: Proposed changes to DEPP GLOSS, DEPP TBC
CP20/4: Quarterly Consultation Paper No 27 (March 2020) 7. Clarify notification procedures, include guidance, and make changes to the Directory persons report SUP TBC
CP20/4: Quarterly Consultation Paper No 27 (March 2020) 8. Amendments to MiFID II relating to the tick size regime MAR, REC TBC
CP19/33: Quarterly Consultation Paper No 26 (December 2019) 2: Claims against appointed representatives and principals COMP TBC
CP19/33: Quarterly Consultation Paper No 26 (December 2019) 8: Further Brexit-related changes to Handbook & BTS following extension of Article 50 SUP, SYSC, GLOSS, MCOB, DTR TBC
CP19/27: Quarterly Consultation Paper No 25 (September 2019) 7: Further Brexit-related changes to Handbook & BTS following extension of Article 50 GLOSS, PRIN, SYSC, GEN, COBS, MCOB, BCOBS, PROD, SUP, DEPP, COLL, CONC, RCB, LR, PRR, DTR, EG, PERG TBC
CP19/27: Quarterly Consultation Paper No 25 (September 2019) 8: Lending Standards Board - FCA code recognition N/A TBC
CP19/19: Quarterly Consultation Paper No 24 (June 2019) 2: Gibraltar-based firms – fees and levies FEES TBC
CP18/24 Quarterly Consultation No. 22 (September 2018) 3: Changes to supervisory principles SUP TBC
CP16/21 Quarterly Consultation No. 14 (September 2016) 6: Mutuals' deferred shares GLOSS, COBS 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]