FCA consults on implementation of EU Benchmarks Regulation

FCA has published a consultation paper on Handbook changes necessary as a result of the EU Benchmarks Regulation and the UK Benchmarks Regulations 2018. Specifically, it plans changes to DEPP and EG

FCA proposes to apply its existing policy and procedure to the exercise of its enforcement powers under the Benchmarks Regulation. FCA also proposes to amend DEPP through a bespoke decision-making procedure for authorisation, registration, recognition and endorsement.

The consultation ends on 5 March 2018.