In a high-profile intervention, Financial Conduct Authority (FCA) chief executive Andrew Bailey recently said he shared widespread industry concerns about the impact of new PRIIPs legislation, which came into force at the start of the year.
The European Union's PRIIPs regulation is aimed at helping retail investors better understand and compare the key features, risks, rewards and costs of different products through a short Key Information...
Left in January
Transparency issues with no-fee structures
Would cause damage to other emerging markets
Questionnaires sent to firms