The Personal Investment Management & Financial Advice Association (PIMFA) has called on European regulators to continue as planned with the 31 December 2019 extension of PRIIPs regulation to cover EU retail funds.
PIMFA's position is at odds with that of the Investment Association (IA), which on Tuesday (2 October) called on the Financial Conduct Authority (FCA) to delay the extension until the "deeply flawed" regulation...
The US dollar is close to peaking and the risks now seem to be on the downside.
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