FCA publishes final Priips rules
“In calculating costs associated with FX, the arrival price must reflect a reasonable estimate of the consolidated price" – FCA
The UK’s Financial Conduct Authority (FCA) has published its final guidance on disclosure required under the Packaged Retail and Insurance-based Investment Products (Priips) Regulation, which includes requirements around measuring and disclosing costs in foreign exchange.
While the Priips regulation and required disclosures in Priips key information documents are primarily driven by the desire to offer more protection to consumers and retail account holders, the new rules will apply to all
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