CP18/36: Brexit: proposed changes to the Handbook and Binding Technical Standards – second consultation
In this paper, we publish further proposals on how we will amend our Handbook and EU derived binding technical standards (BTS) if the UK leaves the EU without an implementation period in place. We also consult on our proposed approach to non-Handbook guidance and to forms which appear in our Handbook.
In October 2018, we published our first consultation on the amendments we need to make should the UK leave the EU without an implementation period.
This consultation paper proposes further changes that may need to be made to the FCA Handbook and BTS. These include amendments to reflect:
- the temporary permissions regime
- the new credit rating agency and trade repository regimes
We are also consulting on guidance on how non-Handbook guidance should be interpreted after Exit day and on our approach to forms which appear in our Handbook.
We do not propose wider policy changes and are not making other changes unrelated to Brexit to our Handbook or to BTS.
Who this applies to
Given the breadth of our proposals, we want to hear from the widest possible range of stakeholders across sectors, including industry bodies and consumers.