The regulator is seeking feedback on aspects relating to costs and charges disclosure, and the balance of responsibilities between manufacturers and distributors.
The UK Financial Conduct Authority (FCA) is seeking industry feedback on some remaining issues to support the new regime for Consumer Composite Investments (CCIs) including changes to cost information and rules for the transitional period. The FCA’s proposals include a revised approach to the calculation of transaction costs, revisions to current cost disclosure requirements under the Mifid Org Reg, transitional provisions to allow firms flexibility to move across to the new regime swiftl