On March 31, the Financial Conduct Authority (FCA) published its fifth consultation paper (CP17/8) on the implementation of the revised Markets in Financial Instruments Directive (MiFID II).

CP17/8 covers the following three areas:

  • occupational pension scheme (OPS) firms;
  • the decision procedure and penalties manual and enforcement guide; and
  • consequential changes to the FCA Handbook and reporting financial instrument reference data and positions in commodity derivatives.

The deadline for comments on the proposals relating to OPS firms is June 23. The FCA requests comments on its other proposals by May 12.

CP17/8 is available here.