The Financial Conduct Authority (FCA) has extended the suspension of the 10% depreciation rule until the end of 2022 while the government's policy work on the requirement’s future remains ongoing.
The has extended the temporary measures for firms until the end of 2022 after findings from the HM Treasury's Wholesale Markets Review (WMR) indicated "support for removing or amending the requirement."...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intelligence through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
