CP26/32: Quarterly consultation paper No. 53

Read CP26/32 (PDF)

What we are consulting on this quarter

Proposed changes:

• To amend the readily realisable security definition to include fractional shares.
• To remove an expired reference in BCOBS 2.3.9G and replace the reference in BCOBS 2 Annex 1, Note 1, to the latest ‘Annual Equivalent Rate (AER) Practice Note’ issued by UK Finance and the Building Societies Association.
• To make deferral arrangements for the admission process of qualifying cryptoassets on UK QCATPs, the execution venue requirements on UK-authorised dealers and arrangers, and the execution policy requirement for these firms.
• To remove data point DISP 1.10.1IR(2)(a) which is a data point on claims management fee cap redress erroneously duplicated in the Consumer Credit Reporting return (CCR).
• To update the definition of the Glossary term ‘firm’ for the purposes of DISP 1.10 and DISP 1.10A to capture all payment services and e-money firms for the purposes of complaints data publication.
• To remove reference to the 2-stage complaints process for the Society of Lloyd’s in DISP 1.11.8G.
• To update Money Market Fund (MMF) reporting requirements to ensure a proportionate approach that allows for effective monitoring of financial stability risks and is integrated into wider funds reporting requirements.
• To make minor amendments to Consumer Composite Investments rules in the DISC and COBS sourcebooks, following feedback to PS25/20.

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 response form or alternatively email: [email protected].

Comments should reach us by 12 October 2026 for Chapters 2 to 8.

Further information

For more information, please view the FCA Handbook.