New Technical Notes on Responsibilities of a Sponsor: Specialist Due Diligence
The Knowledge Base has been updated with the guidance set out in Primary Market Bulletin No. 53.
Amendments to Technical Note on Sponsors’ Record Keeping Requirements
The Knowledge Base has been updated with the guidance set out in Primary Market Bulletin No. 53. This technical note provides guidance for sponsors on record-keeping obligations under the UK Listing Rules (UKLR) to help ensure compliance with regulatory standards.
Enhancing the National Storage Mechanism
Policy statement PS24/19 was published on 20 December 2024. This statement summarises the feedback received in response to CP24/17 ‘Enhancing the National Storage Mechanism’, the FCA’s longer-term plans for the National Storage Mechanism (NSM), and the FCA’s final rules and guidance, which will enable the FCA to make it easier for NSM users to find regulated information.
FCA Updates on Guidance Regarding Financial Crime
On 29 November 2024, the FCA published PS24/17.
FG24/6: Guidance for Firms that Enables a Risk-Based Approach to Payments
Published on 22 November 2024, the FCA announced changes to their Payment Services and Electronic Money Approach Document to support new legislation tackling authorised push payment (APP) fraud.
PS24/18: Further Temporary Changes to Handling Rules for Motor Finance Complaints
The FCA outlines temporary rules changing how firms should process motor finance non-DCA commission complaints.
PS1/25 – Resolution Assessments: Amendments to Reporting and Disclosure Dates
Outlined in a policy statement published on 7 January 2025, the PRA published their responses to their consultation paper and their final policy.
Event Ticket Resale Prices to be Capped
Government Cracks Down on Ticket Resale Prices: New Measures to Cap Costs and Protect Fans. Aimed at curbing extortionate resale prices, the UK is set to implement price caps and stricter regulations on ticket resellers.