Today the FCA and Prudential Regulation Authority (PRA) launched a joint consultation on the management expenses levy limit (MELL) for the Financial Services Compensation Scheme (FSCS) for 2019/20. The MELL ensures that the FSCS has adequate funding to continue to operate and meet its objective of providing a compensation scheme for consumers.
This consultation proposes regulatory measures to implement the provisions of the amended Shareholder Rights Directive (SRD II) for FCA-regulated life insurers and asset managers, as well as for issuers of shares in respect of related party transactions. The Directive comes into effect in June 2019 and, assuming a transition period for EU
This Consultation Paper describes the changes we plan to make to our Handbook to ensure our Prospectus Rules sourcebook (PR sourcebook) is consistent with the new EU Prospectus Regulation (the Regulation), due to come into effect in July 2019. The Regulation sets out the information companies need to disclose to investors and potential investors...
This consultation sets out our second proposed package of remedies from the Retirement Outcomes Review (ROR). We are consulting on investment pathways and other proposed changes to our rules and guidance.