Government initiates overhaul of retail investment disclosure
The Government issued a Consultation Paper (CP) on the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation and UK retail disclosure on 9 December 2022. The FCA then published a Discussion Paper (DP) on a new disclosure framework to complement the Government’s CP on 13 December 2022. The Government notes several problems with current retail investment disclosure requirements, and therefore confirms it will repeal the PRIIPs Regulation and the Undertakings for the Collective Investment in Transferable Securities disclosure requirements in the Financial Services and Markets Bill.
Download this At a glance to see our summary of the Government’s CP and the FCA’s DP on a future disclosure framework.
Related Content
Contact us
Follow us
