The Financial Conduct Authority (FCA) has published a Handbook Notice on the changes to the Listing Rules, the Disclosure Guidance and Transparency Rules, and the Prospectus Regulation Rules (and other parts of the FCA Handbook) that will take effect when the transition period for the UK’s exit from the EU ends on 31 December 2020.

The Notice sets out the instruments that will amend the Handbook and the Binding Technical Standards (that is the detailed EU rules that will be incorporated into UK law and for which the FCA will have responsibility after Brexit, such as on the format of insider lists). The changes are to a large extent the same as those detailed in Policy Statement PS19/5 which would have applied in the event of a no-deal Brexit, with some minor changes to reflect the fact that there has been a transition period.

The FCA has also published a version of the Handbook that will apply at the end of the transition period. This can be accessed by clicking on the “Show timeline” link on the left of the FCA Handbook page.

Antonia Kirkby
Antonia Kirkby
+44 20 7466 2700

Sarah Hawes
Sarah Hawes
+44 20 7466 2953

Michael Jacobs
Michael Jacobs
+44 20 7466 2463