FCA pegs 2025 date for prospectus rule changes

Finalised rules for a system to replace the existing prospectus regulation are expected to be ready by the end of June next year.

By Neasa MacErlean

In itsconsultationon the operation of the planned online 'Public Offer Platform' (POP), the FCA is asking for views on whether a transition period should also be introduced, since firms wishing to operate them will need to vary their current permissions or seek authorisation from the regulator.