CP20/4: Quarterly Consultation Paper No 27

Once a quarter, we consult on proposed miscellaneous amendments to our Handbook. These tend to be minor changes but we still want to get your feedback on our proposals.

CP20/4: Quarterly Consultation Paper No 27 (PDF)

What we are consulting on this quarter

We are proposing:

  • Minor amendments to the Decision Procedure and Penalties manual and the Enforcement Guide to implement the Money Laundering and Terrorist Financing (Amendment) Regulations 2019
  • Consequential changes to the Financial Crime Guide to reflect provisions in the Money Laundering and Terrorist Financing (Amendment) Regulations 2019
  • Propose to add the Institute of Financial Accountants (IFA) to the list of bodies whose members can provide a statement of high net worth to individuals in order for certain credit and consumer hire agreements with them to be exempt from regulation
  • Minor amendments to the Decision Procedure and Penalties manual to reflect the OPBAS Regulations
  • Amendments to the notification form to amend firm details
  • Clarify notification procedures, include guidance, and make changes to the Directory persons report
  • Amendments to MiFID II relating to the tick size regime
  • Changes to the Glossary terms for ‘multilateral development bank’ and ‘designated multilateral development bank’

Who this applies to

This will be relevant if you or your firm has any interest in the subjects mentioned above.

Next steps

Online response form

We want to know what you think of our proposals. Please use this online form or alternatively email: [email protected]

Comments should reach us by 1 October 2020

Further information

For more information please view the FCA Handbook.