The UK Financial Conduct Authority (FCA) has published Handbook Notice 132, outlining legislative and technical updates to the FCA Handbook made by the statutory instruments set out below.
- Non-Financial Misconduct Instrument 2025, enters into force on 1 September 2026 and amends the Code of Conduct sourcebook (COCON) and extends FCA rules on non-financial misconduct to non-banks.
- Periodic Fees (2025/2026) and Other Fees Instrument 2025, entered into force on 1 July and amends the Glossary and Fees manual (FEES) to update the regulatory fees and levies for the 2025/26 period.
- Prospectus Instrument 2025, Prospectus (Consequential Amendments) Instrument 2025 and UK Listing Rules (Further Issuance and Listing Particulars) Instrument 2025, with all three instruments entering into force on 19 January 2026. The instruments make changes to the FCA Handbook to implement the Public Offers and Admissions to Trading Regulations 2024 (SI 2024/105) (POATRs).
- Public Offers of Relevant Securities (Operating an Electronic System) Instrument 2025, enters into force on 19 January 2026 and sets out rules for the public offer platform (POP) regime.
- Mortgage Rule Review (Execution-Only, Affordability and Expired Terms) Instrument 2025, entered into force on 22 July and amends the Mortgages and Home Finance: Conduct of Business sourcebook (MCOB). It makes changes to the FCA Handbook with the aim to make it easier, faster and cheaper for consumers to speak to a mortgage provider about their mortgage needs, reduce their mortgage term and remortgage with a new lender.
- Banking: Conduct of Business Sourcebook (Disclosure by Non Ring-Fenced Bodies) (Amendment) Instrument 2025, entered into force on 1 August and amends the Banking: Conduct of Business sourcebook (BCOBS) to re-align the disclosure requirements in BCOBS for non-ring-fenced bodies with the geographic scope of core deposits that must be ringfenced, following changes to legislation.
- Data Decommissioning (No 2) Instrument 2025, entered into force on 1 August and amends the Insurance: Conduct of Business sourcebook (ICOBS), SUP and DISP. It aims to simplify the FCA Handbook by removing outdated reporting requirements and streamlining data submissions.
- Conduct of Business (Cryptoasset Products) Instrument 2025, enters into force on 8 October and removes the ban on retail access to cryptoasset exchange traded notes (cETNs) traded on UK Recognised Investment Exchanges. For further detail, please see the Fintech section above.
[View source.]