Risk.net

FSA releases policy statement on the restructured Handbook

The FSA has issued a policy statement on the recent consultation paper for restructuring the Handbook. The May consultation paper (CP 06/10) set out proposals for completing the new prudential framework, including the new dedicated sourcebooks for different regulated firms.

Generally, firms supported the proposals, and supported the regulator’s efforts to improve the usability of the handbook and its easing of financial rules implementation.

The FSA will submit the proposals at its board meeti

To continue reading...