FSA has published its latest quarterly consultation. It plans amendments to:

  • GENPRU to clarify notification requirements in respect of redemption or repayment of tier one or two instruments; 
  • MIPRU and IPRU(INV) to adjust PII minimum indemnity limits in line with index movements; 
  • SUP in respect of passporting and notification requirements for reinsurers; 
  • SUP again for OTC derivatives transaction reporting; 
  • COLL following FSA's review of its policy on allowing investment in non-EEA CIS and changes to its rules on unit hedging; 
  • the LR Model Code to allow managers of listed companies to enter into trading plans; and 
  • PERG because of PSD implementation.

FSA asks for comments by 6 December.