Following on from its joint consultation with the PRA on a new regulatory framework for individuals working in UK branches of overseas banks (incoming branches) in March the FCA published a feedback statement providing near-final rules in anticipation of secondary legislation that will extend the statutory elements of the new individual accountability regime for banks to incoming branches. By publishing near-final rules ahead of this legislation, the FCA aim to give firms as much time as possible to prepare for the changes. The final rules should be published later this year.