FCA’s latest quarterly consultation on minor rule changes focuses on:
- changes to CONC to
- enable firms that provide credit cards to offer instalment plans without applying for a rule modification
- make minor changes consequential on the updates to the statutory information sheets;
- changes to the MLAR reporting instructions because of LIBOR cessation; and
- changes to DEPP and FEES because of the new power for FCA to cancel or vary firms’ permissions.
Comments are due by 5 July for some changes and 2 August for others.