FCA publishes Regulation Round-up

FCA’s latest “Regulation Round up” focuses on:

  • some big issues FCA plans to address in 2017, such as the progress of the FAMR, the extension of the SMR and the closure of lending reviews;
  • the interim report on the Asset Management Market Study, reminding that the consultation period for responding on the remedies FCA proposed to address certain areas closes on 20 February;
  • firms’ resilience to third party trading platform outages following FCA’s sample of firms’ business continuity planning after the Bloomberg network failure;
  • reminding firms FCA’s advice unit is open for applications from firms relating to automated advisory or DIM services, until 3 February;
  • highlighting FCA’s recent MiFID 2 publications, specifically its application and user guide and its fourth consultation paper;
  • its open consultation on the review of CASS following changes in the Special Administration Regime – and particularly on the client money distribution rules;
  • its finalised guidance on guarantor lending;
  • the conclusions of the general insurance add-ons market study; and

its update on work on review of the CCA retained provisions