CP25/37: Targeted clarifications of Handbook materials

We sought views on our proposals to simplify our requirements, while ensuring we continue to support and protect customers.

Read CP25/37[3]

Why we consulted

Our proposals in this consultation are designed to:

  • Resolve uncertainty in our rules and guidance, that have been wholly or in part superseded.
  • Introduce greater proportionality and clarity to existing rules.
  • Resolve clear cases of conflict and duplication in our rules.
  • Seek views on how we could enhance our support for smaller firms.

Who this applies to

These proposals would apply to:

  • Regulated firms offering products and services to retail customers or conducting retail market business.
  • UK authorised fund managers (AFMs).
  • Insurers and Lloyd’s managing agents.
  • Insurance intermediaries.
  • Firms that provide funeral plans.
  • Banks.

This consultation will also be of interest to:  

  • Academics and think tanks.
  • Policy makers and other regulatory bodies.
  • Industry groups and trade bodies.
  • Industry experts and commentators.
  • Consumer groups and individual consumers.

Next steps

On 26 June 2026, we published Handbook Notice 142[4] which contained consultation feedback and confirmed changes made by the FCA Board.

Background

The proposals in this CP seek to advance the outcomes of the Consumer Duty Requirements Review[5] and the ambitious workplan set out in FS25/2: Immediate areas for action and further plans for reviewing FCA requirements following introduction of the Consumer Duty[6].

The proposals in this paper also support the priorities set out in our strategy 2025 to 2030 (PDF)[7].

: Publication added update following Handbook Notice 142 publication
: Editorial amendment to close the CP.
First published: Last updated: 09/07/2026 See all updates

More information

Consumer Duty[8]
Consumer Duty requirements review: update[7]
FS25/2: Immediate areas for action and further plans for reviewing FCA requirements following introduction of the Consumer Duty[8]

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Source URL: https://www.fca.org.uk/publications/consultation-papers/cp25-37-targeted-clarifications-handbook-materials

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