FCA's Bailey promises action on PRIIPs and MiFID II failings

As early as next month

Mike Sheen
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 Andrew Bailey talked about PRIIPs concerns at FCA conference
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Andrew Bailey talked about PRIIPs concerns at FCA conference

Chief executive of the Financial Conduct Authority Andrew Bailey has said the regulator will take action to address the unintended negative implications of European regulatory standards PRIIPS and MiFID II as early as next month.

Both regulatory frameworks came into effect in January 2018 and have both caused concerns among the asset management industry with regard to their disclosure requirements. Speaking at the FCA's Asset...

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