Panellists at this session discussed cost disclosure, best practices and current challenges to meet the new requirements under the UK regulator’s new CCI regime.
The consultation launched by the UK Financial Conduct Authority (FCA) on the Consumer Composite Investments (CCI) regime released by the UK regulator at the end of December will set out new guidelines for the structured products industry in the UK market and will supersede disclosure requirements under the European Priips and Ucits regimes. Key issues include the complexity of risk and cost calculations, the need for a five-year product history, and the potential for higher risk scores - Zak d