What has happened?
The Financial Conduct Authority (FCA) has confirmed that it will be changing its two operational locations in London and Edinburgh.
What does this mean?
The FCA has published its 20th quarterly consultation paper.
In the consultation paper, the FCA confirmed that it will be changing its two operational locations in London and Edinburgh.
The London office will be relocating from 25 The North Colonnade and 1 Canada Square, both in Canary Wharf, to 12 Endeavour Square, Stratford, over the summer of 2018.
In connection with the office relocation, the FCA will also change its registered address for the purposes of the Companies Act 2006.
As part of this, the FCA is amending references to its address in the FCA Handbook, with those amendments coming into force in June 2018.
This means that any documentation referring to the current FCA address, as required under the FCA Handbook, must be updated to reflect the FCA's new address from June 2018.
There are no transitional provisions and the FCA is consulting on the change for a period of just one month (until 3 April 2018).
Take advantage of the far-reaching changes brought about by PSD2 - while avoiding the pitfalls - with our digital Payment Services Academy. Created by our industry-leading payments lawyers, the academy helps you and your teams comply with the UK’s new payment services regulations, using engaging and interactive content to explain and simplify complex legislation.