The Designated Professional Body (DPB) Investment Business Handbook and the DPB Consumer Credit Handbook have been updated, with changes effective from 1 April 2026.
The Investment Business Handbook has been amended to align with the FCA Handbook and reflect the minimum professional indemnity insurance (PII) limits required by ICAEW’s PII Regulations for firms undertaking insurance distribution (IDD) activities.
Both the Consumer Credit and Investment Business Handbooks have been amended to reflect updates to ICAS's regulatory processes.
Firms should use this as an opportunity to check that their PII arrangements are compliant and discuss any concerns with their insurance broker.
If you have any questions about the updated handbooks, please email pii@icaew.com
Further details are set out in the schedules of changes.
