FCA publishes Policy Development Update – Issue 31

The FCA has published the Policy Development Update – Issue 31, which summarises the latest developments since its last update and also provides information about recent Handbook-related and other developments as well as an updated timetable for forthcoming publications.

This month the Policy Development Update includes an updated timetable for future publications and links to:

  • Consultation Paper 16/7 Payment Accounts Regulations 2015 – draft Handbook changes and draft guidance
  • Consultation Paper 16/6 Complaints against the Regulators
  • Policy Statement 16/6 Consequential Changes to the Senior Managers Regime
  • Policy Statement 16/5 Strengthening accountability in banking and insurance: implementation of SM&CR and SIMR, and PRA requirements on regulatory references
  • Policy Statement 16/4 Fair, reasonable and non-discriminatory access to regulated benchmarks
  • Discussion Paper 16/1 Ageing population and financial services
  • Feedback Statement 16/1 Feedback Statement on DP15/4 – General insurance value measures
  • Guidance Consultation 16/2 Proposal to issue guidance on the FCA’s view of enforcing security under the Consumer Credit Act 1974
  • Handbook Notice 30 (the Handbook Notice summarises legal instruments as passed by the Board and provides feedback to those instruments consulted on in a QCP or 1* Consultation Paper)

The FCA statement and the report containing the Policy Development Update can be found here.

Lavanya Rathnam

Lavanya Rathnam is an experienced technology, finance, and compliance writer. She combines her keen understanding of regulatory frameworks and industry best practices with exemplary writing skills to communicate complex concepts of Governance, Risk, and Compliance (GRC) in clear and accessible language. Lavanya specializes in creating informative and engaging content that educates and empowers readers to make informed decisions. She also works with different companies in the Web 3.0, blockchain, fintech, and EV industries to assess their products’ compliance with evolving regulations and standards.

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