FCA sets out retail investor disclosure framework, buy-side raise red flags

The UK Financial Conduct Authority (FCA) is seeking views on when and in what format information must be delivered to retail consumers in relation to investment products. The UK regulator which has received the mandate from the UK government to revoke the Priips regime and the Undertaking of Collective Investment in Transferable Securities rules wants to ensure that the information provided to retail investors is useful and supports the experience of buying a product. The FCA is also considerin