The transfer is a part of the substitute of EU-inherited client disclosure regulation with a brand new framework for UK markets and companies.
Funding belief value disclosure invoice again on parliamentary agenda
Following a Treasury session on changing the EU Packaged Retail and Insurance coverage-based Funding Merchandise (PRIIPs) regime with a Shopper Composite Funding (CCI) framework, the Treasury stated it is going to lay laws “as quickly as potential” to supply the FCA with the “acceptable powers to ship this reform”.
The CCI regime will present extra flexibility and tailor-made guidelines to deal with…