The Financial Conduct Authority (FCA) will continue to work with firms and trade associations to resolve the issues identified since the packaged retail and insurance-based investment products (Priips) regime came into effect in January 2018.
‘Dealing with Brexit will be the most immediate challenge we face [but] the future of regulation is a key priority in this year’s Business Plan,’ said Andrew Bailey (pictured) , FCA chief executive. In its Business Plan for 2019/20, the regulator will seek to resolve concerns raised by financial firms about risks and rewards disclosure requirements - summary risk indicators and performance scenarios. This follows evidence received as part of a recent consultation , which
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