Regulators across the world are keeping a close eye on risky products as well as exchange-traded products (ETPs), crypto assets and ESG disclosures.
The UK Financial Conduct Authority (FCA) is clamping down on the marketing of high-risk financial products, including cryptocurrencies. The UK watchdog has established that direct offer financial promotions can only be made to investors categorised as ‘restricted’, ‘high net worth’ or ‘certified sophisticated,’ according to a consultation report published on 19 January. People need clear, fair information and proper risk warnings if they are to invest
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