FCA confirms miscellaneous new rules

FCA’s latest Handbook Notice confirms the following rule changes:

• to COBS 22 in relation to introducing a ban on selling, marketing and distributing binary options to retail customers, which already took effect, from 2 April;
• changes to BTS under the BRRD, CRD and CRR, Financial Conglomerates Directive, MiFID 2,  and EMIR, effective from Exit Day. These are additional to a set of BTS finalised in March, and have now been adopted following PRA’s decision to make parallel instruments;  and
• changes to SUP in respect of Supervisory Principles, effective from 24 April.