FCA Delay Capital Adequacy Changes

In case you haven’t yet heard, the FCA have now deferred the capital adequacy requirements until 31 December 2015.

According to the FCA, recent developments have led them to question whether the approach of the new rules remains the most appropriate. Therefore, they have decided to defer the implementation of these rules for a further two years in order to allow a more fundamental review of the proposed approach.

The amended instrument in the FCA handbook is published here.

Share this post

You might also be interested in...

PS News

Conducting R(ESG)Search

As a paraplanner, there are a number of aspects you need to think about when it comes to ESG investments. Grant Callaghan, Paraplanning Techspert, Para-Sols,

Read More »
PS News

The importance of being admin

Financial administrators, client support, client liaison, parassistant, admin assistant, parapartner… whatever the job title, there’s no doubt that administrators are an integral part of any

Read More »

Hello. Hey. Hi.

Welcome to The Verve Community

Here you can join in the con-verve-sation, (geddit?) and network with peers from across the financial services industry, sharing knowledge and best practice.

Download our app on Apple, Android or use our web version using the links below.