Policy development update

News stories First published: Last updated: 11/06/2021

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 11 June 2021.

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
PS: Regulation of Funeral Plans
  • Firms that sell or carry out funeral plan contracts for funerals in the UK
  • Investment advisers who provide advice on funeral plan contracts Corporate finance and other legal advisors
  • Insurance firms who provide life insurance policies that back some funeral plans
  • Insurance firms who provide life insurance policies that back some funeral plans 
  • Insurance firms who provide life insurance policies that back some funeral plans 
  • Trustees of trusts and discretionary investment managers which manage the assets of trusts that back some funeral plans 
  • Trade bodies representing firms that carry out or sell funeral plan contracts, including those representing funeral directors 
  • Groups representing consumer interests 
  • Consumers that have a funeral plan, or are thinking of purchasing one 

GLOSS, PRIN, SYSC, COND, TC, FEES, COBS, PROD, SUP, DISP, COMP

Funeral Plan: Conduct of Business sourcebook (FPCOB)

 Jul 2021 N/A N/A
CP: Proposed resolution and FSCS protection rules for the funeral plans sector
  • Firms that sell or carry out funeral plan contracts for funerals in the UK
  • Investment advisers who provide advice on funeral plan contracts Corporate finance and other legal advisors
  • Insurance firms who provide life insurance policies that back some funeral plans
  • Insurance firms who provide life insurance policies that back some funeral plans 
  • Insurance firms who provide life insurance policies that back some funeral plans 
  • Trustees of trusts and discretionary investment managers which manage the assets of trusts that back some funeral plans 
  • Trade bodies representing firms that carry out or sell funeral plan contracts, including those representing funeral directors 
  • Groups representing consumer interests 
  • Consumers that have a funeral plan, or are thinking of purchasing one 
 GLOSS, FPCOB, PERG, COMP July 2021 2 months TBC
CP: Enhancing climate-related disclosures by asset managers, life insurers and FCA-regulated pension providers
  • Asset managers
  • Life insurers
  • Pension providers
  • Trustees of occupational pension schemes
  • Trade associations
  • Accountants and auditors
  • Investment consultants
  • Consumer groups
 Environmental, Social and Governance sourcebook (ESGS) June 2021 3 months TBC
CP: Proposals to extend climate-related disclosure rules to standard listed issuers and ESG-related discussion topics in capital markets
  • Listed issuers
  • Trade associations
  • Corporate finance and other legal advisors
  • Consumer groups
  • Sponsors of Listed Companies
  • Investment managers
  • ESG ratings and data providers
  • Accountants and auditors
 LR June 2021 3 months  TBC
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

Quarterly Consultation Papers

Publication

Chapter

Modules

Expected date of feedback*
CP21/16: Quarterly Consultation Paper No 32 2. Changes to CONC 6.7.4R CONC     TBC
CP21/16: Quarterly Consultation Paper No 32     3. Changes to the rules creating high-cost short-term credit refinancing and peer-to-peer lending information sheets CONC TBC
CP21/16: Quarterly Consultation Paper No 32 4. Amendment to MLAR reporting instructions due to cessation of LIBOR SUP TBC
CP21/16: Quarterly Consultation Paper No 32 5. Amendment to DEPP and FEES – New power to vary or cancel permission FEES, DEPP TBC
CP21/5: Quarterly Consultation Paper No 31 2. Amendments to the Compensation sourcebook GLOSS, COMP TBC
CP21/5: Quarterly Consultation Paper No 31 3. Changes to the Training and Competence sourcebook TC TBC
CP20/18: Quarterly Consultation Paper No 29 (September 2020) 2. Consequential changes to the Listing Rules (Chapter 8) to align with provisions for ‘exempted documents’ under the Prospectus Regulation LR 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]

Link Policy development update