regulation keypoints
- Regulators produce new product rules, conduct of business requirements and tax changes on a regular basis.
- Details of these rule changes can be found in this section of the Regulation Tracker.
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Published by FSA, 27 Mar 2013
FCA emergency powers given green light
New regulator could make temporary rules restricting certain product features.
Final ruling: effective from 09 Apr 2013.
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Published by FSA, 27 Mar 2013
Complaints process against regulators put in place
Procedures have been agreed for how complaints can be made against the new regulators taking over from the FSA next month (April).
Final ruling: effective from 09 Apr 2013.
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Published by FSA, 26 Mar 2013
Providers told to cough up for advisers mis-selling
All FCA-regulated deposit takers, insurers and home finance providers have been told they should contribute towards compensation bills triggered by...
Final ruling: effective from 25 Mar 2013.
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Published by FSA, 12 Nov 2012
New joint scheme will not handle Fos, FSCS complaints
Single complaints scheme will operate across the twin peaks regulators and the Bank of England from next year.
Proposed: deadline for responses 06 Feb 2013.
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Published by FSA, 02 Nov 2012
FSA consults on fees prior to ‘twin peaks’ regulators
Regulator issues annual consultation on proposed changes to the fees and levy regimes.
Proposed: deadline for responses 07 Jan 2013.
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Published by FSA, 02 Nov 2012
FSA shakes up kick back rules and fund names
Watchdog consults on rules to ensure that discretionary investment managers and advisory firms are left “in no doubt” about the FSA’s requirements.
Proposed: deadline for responses 05 Nov 2012.
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Published by FSA, 05 Oct 2012
FSA softens FSCS eligibility criteria
Changes to compensation scheme policy aims to streamline processes and allow payments to be made more quickly.
Final ruling: effective from 28 Sep 2012.
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Published by HM Treasury, 29 Aug 2012
HMRC mulls changes to relief on life policy gains
Time-apportioned reductions may apply to policies issued by UK insurers as well as by overseas firms, HMRC proposes.
Proposed: deadline for responses 05 Nov 2012.
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Published by FSA, 30 Jul 2012
FSA intends to make FSCS funding fairer
Regulator responds to industry concerns by launching a consultation paper on how the FSCS can be funded in the future.
Proposed: deadline for responses 25 Oct 2012.
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Published by HMRC, 23 Jul 2012
Clampdown on avoidance of stamp duty
HMRC moves to mitigate stamp duty land tax avoidance schemes that attempt to rely on the transfer of rights rules.
Proposed: deadline for responses 09 Oct 2012.
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Hal AustinonInvestments| Mar 08, 2012Should regulators really be worried about ETFs?
Lyxor’s Alain Dubois has said “there is absolutely nothing to worry about” with ETFs; only time will tell if he has spoken too soon
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From Investments| Oct 12, 2011HMRC reveals how adviser charging affects Isas
Revenue reveals that re-invested cash rebates that arise from the new adviser charging rules could count towards subscription limit.