FCA CP · FCA
CP18/28: Brexit: proposed changes to the Handbook and Binding Technical Standards - first consultation
Closed 7 Dec 2018
Read the official text on the FCA website(opens in a new tab)AI-generated Summary
Consults on how the FCA would amend its Handbook and EU-derived binding technical standards if the UK left the EU without an implementation period, and on its approach to EU Level 3 guidelines and Q&As. Closes 7 December 2018.
Written from the Regulation Tomorrow post (Norton Rose Fulbright) that links this paper, not from the paper itself.
Details
| Reference | CP18/28 |
|---|---|
| Issuer | FCA |
| Published | Date pending: it is added once checked on the FCA’s page |
| Closing date | 7 Dec 2018 (Closing date as reported by Regulation Tomorrow) |
Provisions it relates to
Not linked to a provision yet.
FCA Handbook
Handbook provisions the Handbook lists against this paper (only those linked to MiFID II or MiFIR material are shown).
- SYSC 4.2.1R General requirement
- SYSC 4.2.2R Composition of management
- SYSC 4.3A.7R Management body
- SYSC 7.1.21R Additional rules for CRR firms
- SYSC 10A.1.1R Application
- SYSC 18.6.1R Whistleblowing obligations under the MiFID regime
- SYSC 24.3.10G Dividing and sharing management functions between different people
- TC 4.1.3R
- GEN 1.2.2AR
- GEN 1.2.4G
- GEN 2.2.22AR Onshored Regulations and third country firms
- GEN 2.2.29R MiFID technical standards
- COBS 1.1.1AR Deposits (including structured deposits)
- COBS 1 Annex 1
- COBS 2.1.1R The client's best interests rule
- COBS 2.3A.6R Rules on inducements
- COBS 2.3A.13R Disclosure of payments or benefits received from, or paid to, third parties
- COBS 2.3A.19R Acceptable minor non-monetary benefits
- COBS 2.4.4R Reliance on other investment firms: MiFID and equivalent business
- COBS 3.2.1R General definition
- COBS 3.3.1AR
- COBS 3.3.1BR
- COBS 3.5.2R Per se professional clients
- COBS 3.5.5G Elective professional clients
- COBS 3.6.2R Per se eligible counterparties
- COBS 3.6.4R Elective eligible counterparties
- COBS 3.6.4AR Elective eligible counterparties
- COBS 3.6.4BR Elective eligible counterparties
- COBS 3.7.3AR
- COBS 4.3.1R
- COBS 4.5A.3R General requirements
- COBS 4.5A.7R Comparative information
- COBS 4.5A.8R Referring to tax
- COBS 4.5A.9R Consistent financial promotions
- COBS 4.5A.10R Past performance
- COBS 4.5A.12R Simulated past performance
- COBS 4.5A.14R Future performance
- COBS 4.5A.15G Future performance
- COBS 4.5A.16R Information that uses the name of the FCA or PRA
- COBS 4.7.-1G Application
- COBS 4.7.-1AR Direct offer financial promotions relating to MiFID, equivalent third country or optional exemption business
- COBS 6.1ZA.5R Information about a firm and its services: MiFID business
- COBS 6.1ZA.8R Information about a firm’s portfolio management service: MiFID business
- COBS 6.1ZA.9R Information concerning safeguarding of designated investments belonging to clients and client money: MiFID business
- COBS 6.1ZA.10AR Information concerning safeguarding of client money: insurance distribution
- COBS 6.1ZA.17R Timing of disclosure: MiFID business
- COBS 6.1ZA.19R Medium of disclosure: MiFID business
- COBS 6.1ZA.20R Keeping the client up to date: MiFID business
- COBS 6.2B.5G Introduction
- COBS 6.2B.7R Interpretation of the relevant rules: MiFID business
- COBS 6.2B.8G Interpretation of the relevant rules: MiFID business
- COBS 6.2B.9R Interpretation of the relevant rules: non-MiFID business
- COBS 6.2B.15R Requirements for firms providing focused independent advice
- COBS 6.2B.16G Requirements for firms providing focused independent advice
- COBS 6.2B.17G Sufficient range
- COBS 6.2B.18R Sufficient range
- COBS 6.2B.19G Sufficient range
- COBS 6.2B.22G Guidance on the independence standard
- COBS 6.2B.29R Requirements for firms providing both independent and restricted advice
- COBS 6.2B.32R Requirements for firms providing both independent and restricted advice
- COBS 6.2B.35R Disclosing the nature of advice provided
- COBS 6.2B.36R Disclosing the nature of advice provided
- COBS 8A.1.4R Providing a client agreement: retail and professional clients
- COBS 8A.1.5R General requirement for information to clients
- COBS 8A.1.7R General requirement for information to clients
- COBS 8A.1.10R Record keeping: client agreements
- COBS 9A.2.4R Assessing the extent of the information required: MiFID business
- COBS 9A.2.5R Professional clients: MiFID business
- COBS 9A.2.6R Obtaining information about knowledge and experience: MiFID business
- COBS 9A.2.7R Obtaining information about a client’s financial situation: MiFID business
- COBS 9A.2.8R Obtaining information about a client’s investment objectives: MiFID business
- COBS 9A.2.9R Reliability of information: MiFID business
- COBS 9A.2.10R Maintaining adequate and up-to-date information: MiFID business
- COBS 9A.2.11R Discouraging the provision of information: MiFID business
- COBS 9A.2.12R Reliance on information: MiFID business
- COBS 9A.2.13R Insufficient information: MiFID business
- COBS 9A.2.15R Identifying the subject of a suitability assessment: MiFID business
- COBS 9A.2.18R Switching: MiFID business
- COBS 9A.2.19R Adequate policies and procedures: MiFID business
- COBS 9A.2.20R Unsuitability: MiFID business
- COBS 9A.2.23R Automated or semi-automated systems: MiFID business
- COBS 9A.3.1R Explaining the reasons for assessing suitability: MiFID business
- COBS 9A.3.3R Providing a suitability report: MiFID business
- COBS 9A.3.8R Periodic assessments: MiFID business
- COBS 9A.3.9R Periodic assessments: MiFID business
- COBS 10A.2.3R Assessing a client’s knowledge and experience: MiFID business
- COBS 10A.2.4R Information regarding a client’s knowledge and experience: MiFID business
- COBS 10A.2.5R Discouraging the provision of information: MiFID business
- COBS 10A.2.6R Reliance on information: MiFID business
- COBS 10A.4.1R
- COBS 10A.4.2R Other non-complex financial instruments
- COBS 10A.7.2R Record keeping: MiFID business
- COBS 11.2A.1R
- COBS 11.2A.8R Best execution criteria
- COBS 11.2A.25R Execution policies
- COBS 11.2A.34R Duty of portfolio managers, receivers and transmitters to act in client’s best interest
- COBS 11.3.1R General principles
- COBS 11.3.1AR General principles
- COBS 11.3.2AR Carrying out client orders
- COBS 11.3.4AR Settlement of executed orders
- COBS 11.3.5AR Use of information relating to pending client orders
- COBS 11.3.7AR Aggregation and allocation of orders
- COBS 11.3.7BR Aggregation and allocation of orders
- COBS 11.3.8AR Partial execution of aggregated client orders
- COBS 11.3.9AR Aggregation and allocation of transactions for own account
- COBS 11.3.10AR Aggregation and allocation of transactions for own account
- COBS 11.3.11AR Aggregation and allocation of transactions for own account
- COBS 11.3.14G Transposition of client order handling provisions in the UCITS Implementing Directive
- COBS 11.4.3AR How client limit orders may be made public
- COBS 11.5A.1R
- COBS 11.5A.2R Recording initial orders received from clients
- COBS 11.5A.3R Record keeping in relation to transactions and order processing
- COBS 11.5A.4R Minimum details to be recorded in relation to client orders and decisions to deal
- COBS 11.5A.5R Minimum details to be recorded in relation to transactions and order processing
- COBS 11.7A.2R Application
- COBS 11.7A.5R Requirements relating to personal transactions
- COBS 11A.1.1R General application
- COBS 11A.1.2R Requirements to provide specific information to issuer clients
- COBS 11A.1.3R Requirements to identify underwriting and placing operations and to ensure that adequate controls are in place to manage conflicts of interest
- COBS 11A.1.4R Additional requirements: pricings of offerings in relation to the issuance of financial instruments
- COBS 11A.1.5R Further requirements concerning the provision of information
- COBS 11A.1.6R Further requirements concerning the provision of information
- COBS 11A.1.7R Further requirements concerning the provision of information
- COBS 11A.1.8R Further requirements in relation to lending on provision of credit in the context of underwriting or placement
- COBS 11A.1.9R Record keeping requirements in relation to underwriting or placing
- COBS 12.2.18R Non-independent research - identification
- COBS 12.2.19R Investment research – conflicts of interest
- COBS 12.2.21R Measures and arrangements required for investment research
- COBS 13.4.5G Exceptions
- COBS 13.5.2BG Projections: other situations
- COBS 13.5.3R Exceptions to the projection rules: projections for more than one product
- COBS 13.5.4G Exceptions to the projection rules: projections for more than one product
- COBS 14.3A.5R Providing a description of the nature and risks of financial instruments
- COBS 14.3A.7R Timing of disclosure
- COBS 14.3A.9R Medium of disclosure
- COBS 14.3A.10R Keeping the client up-to-date
- COBS 14 Annex 1
- COBS 16A.3.1R Execution of orders other than when undertaking portfolio management
- COBS 16A.4.1R Provision by a firm and contents: MiFID business
- COBS 16A.4.2G Provision by a firm and contents: MiFID business
- COBS 16A.5.1R
- COBS 18.8A.2R Interpretation and general modifications
- COBS 18.8A.15R Modification of best execution rules
- COBS 18.8A.16R Client order handling
- COBS Sch 1.3G
- MAR 5.3A.8R Measures to prevent disorderly markets
- MAR 5.3A.9R Direct electronic access
- MAR 5.3A.14R Flagging orders, tick sizes and clock synchronisation
- MAR 5.3A.16G Flagging orders, tick sizes and clock synchronisation
- MAR 5A.3.2R Executing orders
- MAR 5A.5.8R Measures to prevent disorderly markets
- MAR 5A.5.9R Direct electronic access
- MAR 5A.5.14R Flagging orders, tick sizes and clock synchronization
- MAR 5A.5.16G Flagging orders, tick sizes and clock synchronization
- MAR 7A.3.6R Notifications
- MAR 7A.4.4R Notifications
- MAR 9.1.1G Application
- MAR 9.2.1D Application form and notification form for members of the management body
- MAR 10.2.1G Establishing, applying and resetting position limits
- MAR 10.2.2D Application of position limits
- PROD 3.1.2R Proportionate application of rules
- PROD 3.2.36R Compliance reports
- PROD 3.3.3R Obtaining information from manufacturers
- PROD 3.3.25R Compliance reports
- SUP 12.4.11R Appointment of an FCA registered tied agent
- SUP 12.5.8R Required contract terms for FCA registered tied agents
- SUP 12.6.1AR Monitoring: tied agents; appointed representatives carrying on MCD credit intermediation activity
- DISP 1.1A.3G Application: Who? What?
- DISP 1.1A.5G Application: Who? What?
- DISP 1.1A.6R Application: Who? What?
- DISP 1.1A.7R Application: Where?
- DISP 1.1A.10R Consumer awareness
- DISP 1.1A.12R Complaints handling
- DISP 1.1A.13R Complaints handling
- DISP 1.1A.16R Complaints handling
- DISP 1.1A.17R Complaints handling
- DISP 1.1A.18R Complaints handling
- DISP 1.1A.23R Complaints resolved by close of the third business day
- DISP 1.1A.24R Complaints resolved by close of the third business day
- DISP 1.1A.25R Complaints resolved by close of the third business day
- DISP 1.1A.26R Complaints resolved by close of the third business day
- DISP 1.1A.27G Complaints resolved by close of the third business day
- DISP 1.1A.29R Complaints time limits
- DISP 1.1A.30R Complaints time limits
- DISP 1.1A.31R Complaints time limits
- DISP 1.1A.32G Complaints time limits
- DISP 1.1A.37R Complaints records
- DISP 1.1A.38R Complaints records
- DISP 1.1A.41G Complaints data publication
- DISP 1 Annex 2
- DISP 2.3.1AR Activities by firms
- DISP Sch 1.2G
- REC 2.5.1UK Schedule to the Recognition Requirements Regulations, paragraphs 3 – 3H
- REC 2.6.7UK
- REC 2.6.8UK
- REC 2.6.11AUK
- REC 2.6.11BUK
- REC 2.6.11CUK
- REC 2.6.18UK
- REC 2.6.18AUK
- REC 2.6.18BUK
- REC 2.6.18CUK
- REC 2.12.2AAUK Schedule to the Recognition Requirements Regulations, Paragraph 7A
- REC 2.12.2BUK
- REC 2.12.2DUK
- REC 2.12.2EUK
- REC 2.16A.1UK Schedule to the Recognition Requirements Regulations, Paragraph 9A-9H
- REC 3.4.4AR Purpose
- REC 3.24.1R
- REC 3.25.1R
- DTR 5.4.2R
- M2G 2.4.1G
- M2G 2 Annex 1
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