The investment industry has just one day left to submit its feedback to the highly anticipated Consumer Composite Investments (CCI) framework, but with days to go confusion remains abound about what comes next for this sector and for the UK regulatory landscape.
The Financial Conduct Authority unveiled it was planning to adopt a new product information regime last year "to help understand the investment products they are buying, while giving firms flexibility to innovate". House of Lords' campaign group submits damming industry review of FCA's CCI framework ahead of deadline The legislation seeks to tackle the hangover from pre-Brexit rules that required investment funds and other products to supply standardised documents covering prescribed information. "In practice these documents were often complex, unclear and could miss important poin...
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