FCA extends 10% drop notification suspension again

Showing 'supervisory flexibility'

clock • 2 min read
FCA extends 10% drop notification suspension again

The Financial Conduct Authority (FCA) has extended the suspension of the 10% depreciation rule until the end of 2022 while the government's policy work on the requirement’s future remains ongoing.

The has extended the temporary measures for firms until the end of 2022 after findings from the HM Treasury's Wholesale Markets Review (WMR) indicated "support for removing or amending the requirement."...

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