FSA’s latest Policy Development Update promises:
- during March, policy and feedback statements on regulation and supervision of benchmarks, fees, FCA use of temporary product intervention powers, PRA designated activities, PRA use of enforcement powers, PRA and FCA regimes on authorisation and supervision, FCA’s markets powers, PRA and FCA regimes for approved persons, the FCA handbook, the FSCS funding model, the implications of non-EEA national depositor preference regimes and on payments to platform service providers and cash rebates from providers to consumers;
- a policy statement on restrictions on the distribution of unregulated collective investment schemes and close substitutes, and consultations on FCA enforcement and markets, the second consultation on implementation of the Alternative Investment Fund Managers Directive, FSCS management expenses levy limit, the high-level regime in relation to the proposed transfer of consumer credit regulation to FCA and changes to the voluntary jurisdiction relating to hedging products during the first quarter of 2013; and
- policy and feedback statements on recovery and resolution plans in the second quarter of 2013.
Consultations on Solvency 2 are not due until the second quarter of 2014. (Source: Policy Development Update No. 155)