FCA Quarterly Consultation Paper No. 29

Regulatory Updates | 04/09/20

The Financial Conduct Authority (FCA) has published CP20/18, Quarterly Consultation Paper No. 29. The FCA is consulting on:
• consequential changes to the Listing Rules (Chapter 8) to align with provisions for ‘exempted documents’ under the Prospectus Regulation;
• changes to Article 34 of the retained version of the PSD2 Regulatory Technical Standards on Secure Customer Authentication and Common and Secure Methods of Communication, to require account servicing payment service providers to accept at least one other electronic form of identification issued by an independent third party, in addition to continuing to accept eIDAS certificates; and
• onshoring changes to the FCA Handbook for legislative provisions and/or relevant technical changes needed to FCA rules as a result of onshoring over the transition period for EU withdrawal.
The deadline for feedback is 5 October 2020 for Chapter 3, and 4 November 2020 for Chapter 2 and 4, except for the Fees (Credit Rating Agencies, Trade Repositories and Securitisation Repositories) Instrument 2020, which closes on 5 October 2020.