FCA is consulting on proposed changes to its Handbook to accompany the application of the EU Benchmarks Regulation (BMR) from 1 January 2018. FCA is proposing to amend and remove some Handbook rules to ensure they are compatible with the BMR while making some domestic rules for benchmarks not covered by the BMR. It has updated its webpage to reflect these changes. Comments on the consultation (published in late June) are due by 22 August, but FCA has now provided draft application forms for authorisation, registration, recognition and endorsement for firms to review, and asks for comments on those by 6 August.
