Latest News, Updates and Changes

client money

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st November 2024

client money

(1) [deleted] (2) (in CASS 5 ) subject to the client money rules , money of any currency which, in the course of carrying on insurance distribution activity 223 , a firm holds on behalf of a client or…

total amount payable

This piece of Handbook content was changed by an instrument this month.

Changes to this piece of Handbook content became effective this month.

Effective Date: 1st May 2024

total amount payable

58 (1) (except in CONC , SUP 16 Annex 21R 117 or MCOB ) the total charge for credit plus the total amount of credit advanced. 58 (2) (in CONC and SUP 16 Annex 21R 117 ) the sum of the total charge for…

securitisation

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st November 2024

securitisation

45 120 (1) (subject to (2) and (4 223 )) a process by which assets are sold to a bankruptcy-remote special purpose vehicle in return for immediate cash payment and that vehicle raises the immediate ca…

total charge for credit

This piece of Handbook content was changed by an instrument this month.

Changes to this piece of Handbook content became effective this month.

Effective Date: 1st May 2024

total charge for credit

55 (1) (except in CONC and SUP 16 Annex 21R 117 ) the total of the charges (determined as at the date of making the contract) specified in MCOB 10.4.2 R as applying in relation to the secured lending…

running-account credit

This piece of Handbook content was changed by an instrument this month.

Changes to this piece of Handbook content became effective this month.

Effective Date: 1st May 2024

running-account credit

123 (1) (except in CONC and SUP 16 Annex 21R 225 ) (in accordance with section 10(1)(a) of the Consumer Credit Act 1974) a facility under a contract by which the customer is enabled to receive from ti…

fixed-sum credit

This piece of Handbook content was changed by an instrument this month.

Changes to this piece of Handbook content became effective this month.

Effective Date: 1st May 2024

fixed-sum credit

(1) (except in CONC and SUP 16 Annex 21R 149 ) (in accordance with section 10(1)(b) of the Consumer Credit Act 1974) any facility under a contract, other than running-account credit , by which the cus…

SUP 16.1 Application

This piece of Handbook content was changed by an instrument this month.

Changes to this piece of Handbook content became effective this month.

Effective Date: 1st May 2024

SUP 16.1 Application

…

GEN Sch 4 Powers exercised

This piece of Handbook content was changed by an instrument this month.

Effective Date: 30th September 2024

GEN Sch 4 Powers exercised

…

GEN Sch 4 Powers exercised

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st November 2024

GEN Sch 4 Powers exercised

…

relevant business

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st April 2025

relevant business

131 131 (1) (in DISP and FEES ) that part of a firm's business 240 227 which is subject to the jurisdiction of the Financial Ombudsman Service as provided for in DISP 2.3 (To which activities does the…

network

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st November 2024

network

102 (1) (other than in SECN ) a firm : (a) which has five or more appointed representatives (not counting introducer appointed representatives ) 16 ; or (b) whose appointed representatives , not count…

security

This piece of Handbook content was changed by an instrument this month.

Changes to this piece of Handbook content became effective this month.

Effective Date: 1st May 2024

security

119 122 (1) (except in LR , CONC and SUP 16 Annex 21R 222 ) (in accordance with article 3(1) of the Regulated Activities Order (Interpretation)) any of the following investments specified in that Orde…

execute

This piece of Handbook content was changed by an instrument this month.

Changes to this piece of Handbook content became effective this month.

Effective Date: 1st May 2024

execute

(1) 165 (in relation to a transaction) carry into effect or perform the transaction, whether as principal or as agent, including instructing another person to execute the transaction. 4 165 (2) (in SU…

client money rules

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st November 2024

client money rules

(1) [deleted] (2) (in CASS 5 ) CASS 5.1 to CASS 5.5 . (3) (in SECN 281 , CASS 3 , CASS 6 , CASS 7 , CASS 7A , 158 COBS and FEES 160 ) CASS 7.10 to CASS 7.19 166 .

occupational pension scheme

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st November 2024

occupational pension scheme

24 116 (1) (other than in SECN ) a scheme specified in Article 3(1) of the Regulated Activities Order (Interpretation)) which is, in summary, a pension scheme established for the purpose of providing…

MIFIDPRU 7.7 ICARA process: assessing and monitoring the adequacy of liquid assets

This piece of Handbook content was changed by an instrument this month.

Effective Date: 1st November 2024

MIFIDPRU 7.7 ICARA process: assessing and monitoring the adequacy of liquid assets

…