UK FCA Handbook Notice 139

The UK Financial Conduct Authority (FCA) has published Handbook Notice No. 139, outlining amendments to the FCA Handbook resulting from the following statutory instruments:

• Redress Reforms Instrument 2026, which partially entered into force on 17 March with the remaining provisions coming into force on 1 June. This clarifies when firms should report emerging issues to the FCA and to improve the operational efficiency of the UK Financial Ombudsman and the Financial Services Compensation Scheme by streamlining processes and reducing the operational costs ultimately met by levy-paying firms.
• Notification of Third Party Arrangements and Operational Incident Reporting Instrument which comes into force on 18 March 2027. This makes changes to the Handbook to enhance incident and third party risk management, strengthen firms' operational resilience and minimise harm.
• Perimeter Guidance Manual (Transfer of MiFID Organisational Regulation) Instrument 2026, which entered into force on 27 March and follows quarterly consultation paper No 49. This instrument updates the Perimeter Guidance manual following the making of the Markets in Financial Instruments (Miscellaneous Amendments) Regulations 2025, which restates the Markets in Financial Instruments Directive Organisational Regulation into the FCA Handbook.
• Prospectus Rules (Miscellaneous Amendments) Instrument 2026, which entered into force on 27 March. This makes technical corrections to give proper effect to aspects of the Public Offers and Admissions to Trading regime, which came into force on 19 January.
• Application, Periodic and Other Fees (2026/2027) Instrument 2026, which entered into force on 1 April, except as set out on the coversheet of the instrument, and follows CP25/33. This instrument: (i) introduces a new fee structure for firms operating a private intermittent capital exchange system; (ii) introduces deferred payment credit periodic fees; (iii) removes the GBP3 registration fee for payment institutions, registered account information service providers and electronic money institutions; (iv) amends the due dates for on-account payments; and (v) makes other minor clarifications.
• Complaints Reporting Instrument 2026, which enters into force on 31 December. This extends the requirement to provide vulnerable customer complaints data to all firms reporting complaints using the new consolidated complaints return from 1 January 2027.
• Reporting (Administrative Fees) Instrument 2026, which enters into force on 1 April. This instrument reduces the administrative fee for late regulatory returns.
• Collective Investment Schemes Sourcebook (Concentration Limits) (No 2) Instrument 2026, which entered into force on 27 March. This removes the elements of the COLL Concentration rule (COLL 5.2.29R) that relate to UK UCITS schemes' investment in units of other collective investment schemes.
• Handbook Administration (No 77) Instrument 2026, which comes into force on 6 April. This corrects an omission in the transitional provisions consulted on in CP25/9 in the FCA's Product Disclosure sourcebook (DISC), without any change to FCA policy.
• Data Decommissioning Instrument 2026, which enters into force on 1 April, relating to general insurance pricing practices returns and the baseline financial resilience report.

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