At this time (19 December), the FCA requested the business for suggestions on its plans to scrap sure EU rules and exchange them with “a brand new versatile and proportionate product data framework tailor-made to UK markets and companies” as a part of CCI.
This may embody merchandise corresponding to closed- and open-ended funding funds, structured merchandise, contracts for distinction (CfDs), derivatives, and insurance-based funding merchandise (IBIPs), with greater than 12.6 million UK buyers (23% of all adults) holding an funding falling throughout the CCI umbrella.
The session follows the Treasury’s …