FCA consults on major MiFID 2 changes

FCA has published its third, and longest, consultation paper on implementing MiFID 2. The paper includes analysis of, and proposed Handbook changes for , the key conduct of business and related requirements within  the MiFID 2 package. Among the changes are those to COBS in relation to inducements, charging, client categorisation and advising. FCA needs comments on the changes by 4 January 2017, although there are some changes around the Supervision Manual and approved persons that have a shorter response period (31 October).