The Financial Conduct Authority has delayed its policy statement regarding key information documents (KID) to Q1 2022.
While the packaged retail and insurance based investments products regulation (PRIIPs), which requires a KID to be given to an investor before and after the sale of any PRIIPs product, has already been onshored, concerns had been flagged by the regulator in relation to its 2018 call for input and 2019 feedback statement. FCA to ditch performance scenarios from PRIIPs KIDs in rules shake-up As such, the regulator was due to publish its final rules for KIDs in January 2022 but has now delayed the publication to a more vague "Q1 2022". The regulator confirmed it will include "confirma...
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