CP24/26: Quarterly Consultation Paper No. 46

CP24/26: Quarterly Consultation Paper No. 46 (PDF)[1]

What we are consulting on this quarter

Proposed changes are to: 

• make minor amendments to the anti-greenwashing rule[2] and the Sustainability Disclosure Requirements (SDR)[3]
• amend SUP 16.11[4], SUP 16 Annex 20G[5] and SUP 16 Annex 21R[6], in order to clarify or improve the wording for better understanding in relation to consumer credit product sales data reporting
• increase the £100 medical condition premium trigger point for firms to signpost customers with pre-existing medical conditions (PEMCs) to a directory of specialist providers and futureproof the threshold in line with inflation. To limit the number of entries in a medical cover firm directory to a single brand per firm
• remove the requirement for UK insurance special purpose vehicles (UK ISPVs) to comply with SYSC 3.2.8R[7] and to allocate the SMF16 Compliance Oversight Function
• update references to the new edition of the UK Corporate Governance Code in the Handbook
• amend SUP 3.1.2R(5B)[8] to address a gap in our rules that currently allows debt management firms to avoid submitting a Client Assets Sourcebook (CASS) audit

Who this applies to

This will be relevant if you or your firm has any interest in the subjects above.

Next steps

This consultation is now closed.

We will publish feedback on responses in a Handbook Notice once we have reviewed your comments.

Further information

For more information, please view the FCA Handbook[9].