FCA has published its first Policy Development Update. Before the end of June, it plans to publish:

  • policy statements on the consultations on fees, the consumer credit regime, recovery and resolution plans, technical amendments relating to the Conglomerates Directive, restrictions on retail distribution of unregulated collective investment schemes, multiple client money pools and implementation of the AIFMD;
  • feedback on transparency of FCA and other aspects of recovery and resolution plans; and
  • consultation on the Client Assets Review.

(Source: Policy Development Update April 2013)