On 19 January 2022, the FCA updated its webpage concerning Finalised Guidance 15/8 ‘FCA’s powers and procedures under the Competition Act 1998’ (FG15/8).
The FCA states that it has made certain updates to FG15/8 including:
- Inserting a section clarifying the FCA’s competition powers following EU withdrawal.
- Making clear that since April 2019 the FCA’s competition law jurisdiction extends to the provision of claims management services in Great Britain.
- Making certain procedural changes that reflect changes adopted by the Competition and Markets Authority in its procedural guidance.
Until the end of April 2022, on request the FCA can provide a comparison version of its updated guidance showing text changes from the earlier 2018 version. To request a marked-up version, please contact the FCA’s Competition Mailbox.