BCOBS 2A Optional added products BCOBS 2A.1 Restriction on marketing and advertising or supplying an optional products for which a rate is payable

PERG 10 Annex 2 Circulation chart exhibiting the extra ways to become regarded by trustees of occupational pension techniques and other persons in choosing no matter whether authorisation is required for taking care of the belongings of this kind of plan

Realize the nature and scale of properties of vulnerability that exist within their focus on market and shopper foundation.

The FCA clarifies that the perform rules below COCON are unique from employment regulation and inner disciplinary treatments.

Closures of, or materials reductions/modifications to the provision of money accessibility services at an present facility.

SUP 10A Annex 2 Authorized folks routine: summary of types as well as their use for programs for approval to conduct an FCA-controlled function [deleted]

The FCA guidance would enable corporations interpret COCON along with the Fit and Right check, together with how NFM could affect someone’s Physical fitness and propriety. This features conduct in own existence or on social media the place related to a task in economical companies.

Companies should evaluate all communications that confer with the sustainability traits of services and products

Consider the likely favourable and unfavorable impacts of the goods and services on vulnerable shoppers. Style and design services to prevent likely unsafe impacts. 

Our Guidance sets out the actions companies should really consider in Each and every of the above mentioned spots to treat vulnerable clients reasonably.

The relevance lies in whether or not the conduct demonstrates a willingness to disregard ethical or authorized obligations, abuse a situation of trust or exploit the vulnerabilities source of Other folks, and whether it's adequately serious that, if the individual have been to operate inside of a regulated firm, it could undermine public self confidence during the regulatory system.

On the other hand, the rule just isn't relevant to payment providers vendors, e‑funds corporations or economic sector infrastructures unless Additionally they keep a Part 4A authorization.

SUP eleven Annex 6G Aggregation of holdings for the purpose of prudential assessment of controllers [deleted]

Even though most respondents reacted positively towards the anti-greenwashing rule and guidance coming into drive on 31 Could 2024, others expressed worries that the timeline might be insufficient to overview their sustainability-associated statements and ensure compliance. In response, the FCA all over again highlights that it is not introducing a whole new requirement, as companies should really currently be complying with the “honest, crystal clear and never misleading” rule less than present FCA requirements.