Financial regulators publish fourth edition of plan for upcoming work

The Financial Services Regulatory Initiatives Forum issued the fourth edition of the Regulatory Initiatives Grid.

Amongst the initiatives included in the Grid are:

• A review of the Appointed Representatives regime, including a planned call for evidence from HMT (November 2021 & Q2 2022);
• Future regulatory framework review – second consultation planned for Autumn 2021;
• Consumer duty – Q4 2021: Feedback Statement and second Consultation Paper with draft rules and guidance (Q4 2021 – expected December), Policy Statement with final rules and guidance (Q3 2022);
• Borrowers in financial difficulty – consultation H2 2022;
• Statutory debt repayment plan – technical consultation on regulations in early 2022, final regulations late 2022;
• Credit Information Market Study – interim report due by end of Q1 2022

Source: FCA