CP22/4: Quarterly Consultation Paper No. 35

Consultation opens
04/03/2022
04/03/2022
Consultation closes
11/04/2022

Once a quarter, we consult on proposed miscellaneous amendments to our Handbook. These tend to be minor changes but we still want to get your feedback on our proposals.

CP22/4: Quarterly Consultation Paper No. 35 (PDF)

What we are consulting on this quarter

We are proposing:

  • to make changes to chapters 2 and 13 of the Perimeter Guidance manual to clarify application of the MiFID II Ancillary Activities Test in the absence of overall market size data
  • to amend the research and inducement rules for collective portfolio managers so they are subject to the same rules as investment managers 
  • to make changes to reflect amendments the Treasury has made to the UK MiFID delegated regulation in places where it is copied out in the Glossary and COBS
  • to amend LR 14 to reflect the original policy position for investment entities other than OEICs prior to the amendments introduced in January 2021
  • to make changes to the approach to continuing professional development for retail investment advisers and pension transfer specialists
  • to extend the MIFIDPRU TP 7.4R(2)(b) notification deadline.

Who this applies to

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

Next steps

Online response form

We want to know what you think of our proposals. Please use this online form or alternatively email: [email protected] 

Comments should reach us by 11 April 2022 for Chapters 2, 3, 4, 5, 6 and 7.

Further information

For more information please view the FSAEU Handbook.