On 26 April 2013, the FCA published Policy Development Update No 157. This summarises the anticipated publications dates for various pieces of regulatory guidance. Of note are the following:
- a policy statement (PS12/5) to CP11/16 on recovery and resolution plans, due for publication in Q2 2013;
- a policy statement to part 2 of CP12/22 on the client assets regime (multiple client money pools), due for publication in Q2 2013 (had previously been noted as “TBD”); and
- a policy statement to CP12/20 on client money rules for insurance intermediaries, due for publication in Q3/Q4 2013.
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