The FSA Board made changes to the Handbook in instruments which require firms to provide information to consumers and their advisers so that they have a good understanding of the overall costs and benefits applying to different pension options (Conduct of Business Sourcebook (Pension Scheme Disclosure) Instrument 2012/64)

The FSA Board made changes to the Handbook in instruments which implement the EU Short Selling Regulation (Short Selling Regulation Instrument 2012/58)

The FSA Board made changes to the Handbook in instruments which change the projection rates and amend an attendant rule (Conduct of Business Sourcebook (Projections) (Amendment) Instrument 2012/63)

The FSA Board made changes to the Handbook in instruments which implement HMT’s amendment to the Recognised Auction Platforms regulations (Recognised Auction Platforms (Penalty and Censure Policy) Instrument 2012/67)

The FSA Board made changes to the Handbook in instruments which create a mortgage market that is sustainable for all participants and that works better for consumers by reforming areas of responsible lending, distribution, disclosure, arrears management, non-bank lender prudential requirements and niche markets) (Mortgage Market Review (Conduct of Business) Instrument 2012/46)

The FSA Board made changes to the Handbook in instruments which implement Directive 2010/76/EU1 (CRD 3) to collect data on remuneration practices and to transmit that data to EBA (Supervision Manual (Remuneration Reporting) Instrument 2012/66)

The FSA have produced a handbook on Data collection on remuneration, following the amendments to the Capital Requirements Directive (CRD3). The FSA's Policy Statement on the reporting requirements for FSA-regulated firms can be found here:

In CP12/15, FSA consulted on the following areas of client assets policy: CASS firm classification, oversight and reporting, and the mandate rules (CASS 8). Having considered the responses to that consultation, in this PS it summarises them, describes the key changes made to FSA’s proposals and sets out the amended rules. Most of the rules will come into force on 1 January 2013, affecting both regulated firms and their auditors. The technical changes to the CMAR and changes to the CMAR guidance notes will come into force on 28 February 2013.

ESMA considers that there are adverse developments which constitute a serious threat to financial stability and to market confidence in Spain.

Further to its guidance consultation in March 2012, FSA has now finalised its financial crime guide (first two links below) and published a feedback summary (third link below).