FCA Policy Statement on Benchmarks Regulation

The FCA has published Policy Statement 17/28: Handbook changes to reflect the application of the EU Benchmarks Regulation – Feedback to CP17/17 and near-final rules (PS17/28). In PS17/28 the FCA provides feedback to the responses it received to its earlier consultation on the implementation of the Benchmarks Regulation (Consultation Paper 17/17) and publishes near final draft rules, as the legislative framework for its Handbook changes are not yet in place. Once the necessary legislative processes are complete, the FCA intends to finalise the rules. The near final rules are set out in the Benchmarks Regulation Amendment Instrument 2018, the text of which is found in Appendix 2 to PS17/28. The FCA also publishes the final drafts of the four Benchmarks Regulation application forms, for authorisation, registration, recognition and endorsement. These are set out in Appendix 1 to PS17/28. The FCA is already accepting draft applications for authorisation and registration from…

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