Quarterly Consultation Paper

The FSA has published Quarterly Consultation Paper CP10/15 (‘QCP’) which contains proposed changes to various parts of the Handbook.

It is not the best composed paper as not only does it already come with an addendum but the proposed changes to the approved persons regime in SUP that should be in Appendix 12 of the QCP turn out to contain changes to the FSA003 (‘Capital adequacy’) and supporting completion guidance notes.

The consultation period ends 6 September (except for the proposed changes to the liquidity regime where the closing date is 13 August).

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