The UK government has set out a collection of 30 regulatory reforms for financial services which include a new retail disclosure regime which will phase out Priips.
The UK government has launched a consultation setting out plans to revoke the Priips Regulation, and is seeking views on a proposed alternative framework for retail disclosure, as part of the implementation of the Future Regulatory Framework (FRF) Review. The new retail disclosure regulations will establish what information and documentation will need to be provided when a member of the public (who is not a professional or institutional investor) buys an investment product. In the UK, some of
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