FSA’s latest policy development update promises by the end of 2011:

  • Policy statements on its further consultation on the third Capital Requirements Directive (CRD3), auctioning of greenhouse gases, product disclosure changes for the Retail Distribution Review and Self-Invested Personal Pensions, and Data Collection for Retail Mediation Activities Return and complaints data, and part feedback on the Client Assets Sourcebook (CASS) Review.
  • Consultations on the Mortgage Market Review and Packaged Bank Accounts (see below).
  • Within the specialist sourcebooks, policy statements on regulation of credit unions in Northern Ireland, the review of the Credit Unions Sourcebook, authorised professional firms and legal services reform.
  • A feedback statement and “made text” on the joint Treasury/FSA consultation on a cell regime for open-ended investment companies.

(Source: Policy Development Update 140)