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FCA: Sets out ideas to improve information provided to retail investors | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

FCA: Sets out ideas to improve information provided to retail investors

FCA: Sets out ideas to improve information provided to retail investors

  • FCA is a financial regulatory body in the United Kingdom but operates independently of the UK Government
  • The standards for the information disclosed to potential investors are included in rules known as the Packaged Retail Investments
  • Now be responsible for designing and developing new disclosure rules which meet the needs of the UK market
  • This would include how much information to include about costs and charges and the level of investment risk
  • Presentation is key in order to getting consumers to engage with the information they are provided
  • Already made changes to the PRIIPs rules post-Brexit in order to address some of the areas

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