Banking

FCA publishes Handbook Notice No 57

This includes changes to the FCA Handbook made by the FCA board on 28 June and 26 July 2018, together with feedback on consultation papers that will not have a separate policy statement.

FCA, 27 Juy 2018

Treasury sets out final approach on claims management regulation

HM Treasury has published a response to its April 2016 consultation on claims management secondary legislation and confirmed its final approach to defining the scope of claims management activities for the purposes of FCA regulation and the temporary permissions regime.

HM Treasury, 27 July 2018

FCA amends Listing Rules and Disclosure Guidance and Transparency Rules

The FCA has published the Listing Rules and Disclosure Guidance and Transparency Rules (Miscellaneous Amendments) Instrument 2018 which amends the Listing Rules and the Disclosure Guidance and Transparency Rules sourcebook.

FCA, 27 July 2018

PRA consults on implementation of EBA rules and guidance on CRR definition of default

The PRA has published a consultation paper setting out its proposed approach to implementing recent European Banking Authority rules and guidance relating to the definition of default in the Capital Requirements Regulation. The consultation closes on the 29 October 2018.

FCA, 27 July 2018

Investments & Funds 

ECON publishes draft report on proposal to exempt crowdfunding from MiFID II 

The European Parliament's Committee on Economic and Monetary Affairs (ECON) has published a draft report on the European Commission's proposal to amend MiFID II in order to exempt crowdfunding service providers from the obligations under that directive. 

European Parliament, 27 July 2018