The UK Financial Conduct Authority (FCA) is pressing ahead with tougher marketing restrictions and financial promotions rules, which could hit activity in the domestic structured products market.
The UK watchdog has published a three-year strategy to strengthen consumer protections, with a particular focus on what it sees as high-risk investments. According to the regulator, six per cent of adults invested in high-risk investments during the pandemic, while 45% of self-directed investors said they did not realise the risks. The regulator is aiming for a 50% reduction in the number of consumers who indicate a ‘low risk tolerance or demonstrate the characteristics of vulnerability&
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