The FCA has publishished a Consultation Paper regarding potential changes to its Handbook to accommodate Markets in Financial Instruments Directive II (MiFID II), with a view to publishing a Policy Statement mid-2016.
MiFID II will affect firms to varying degrees depending on the service they provide.
If you have not already done so we recommend that senior management familiarise themselves with the ‘MiFID II – what is changing’ section of the FCA website that can be accessed here and the recent consulation paper here.
Consumer Duty: It’s a matter of Principle
Huw Reynolds Compliance Conduct, FCA, PI, protection
Apologies for the Consumer Duty overload but unless you’re taking a regulatory sabbatical, this is very much a hot topic. There are in excess of 50 FCA Handbooks (rules and guidance). You cannot be expected to be conversant with all of them, but you should have a good handle on the key ones, such […]