Read CP25/4: Quarterly Consultation Paper No. 47
What we are consulting on this quarter
Proposed changes:
- Annual consultation for TC Appendix 4 and the Glossary to amend the names and activity numbers of appropriate qualifications and providers where there have been changes and move qualifications no longer offered to Part 2B of the table.
- To re-align the disclosure requirements in BCOBS 4.3.4R(2) for non-ring-fenced bodies with the geographic scope of core deposits which must be ring-fenced, following changes to legislation.
- To ensure that the Financial Services Compensation Scheme’s (FSCS’s) electronic assignments (set out in COMP 7.2.3AAR) are compatible with and acknowledge requirements set out in Scots law.
- To amend UKLR 11.5.5R (relevant related party transactions) to include a requirement from the old listing rules (LR 11.1.7R(4)) which, in summary, had the effect of requiring the company to exclude the related party and their associates from voting on the shareholder resolution on the transaction.
- To amend DISP to clarify the eligibility of complaints made against firms with whom the complainant has an indirect relationship, where the complainant is a beneficiary or a person with a beneficial interest in a personal pension scheme or stakeholder pension scheme.
Who this applies to
This will be relevant if you or your firm has any interest in the subjects mentioned above.
Next steps
Online response form
We want to know what you think of our proposals. Please use this online form or alternatively email: [email protected]
Comments should reach us by 14 April 2025 for Chapters 2, 3, 4, 5 and 5 May 2025 for Chapter 6.
Further information
For more information, please view the FCA Handbook.
