MiFID could lead to menu changes

clock

The FSA says it may make "substantial changes" to the client remuneration menu and initial disclosure document if a review of the current depolarised regime needs reforms to meet MiFID implementation.

According to a statement issued this morning by the Financial Services Authority, the regulatory body will “review with an open mind” the impact of depolarisation and the use of disclosure documents, as part of a wider consultation in October on the implementation of regulatory requirements for the Markets in Financial Instruments Directive (MiFID). While the EU MiFID regulations will only directly affect products such as collective investments and similar related investment transactions, the FSA is having to consider whether to impose a ‘super-equivalent’ across the wider retail financia...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Higher proof-of-value demands and operational challenges keep private markets on margins of UK advice portfolios

Sahar Nazir
clock 19 December 2025 • 9 min read
Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Business development exec Lawrence Patrick joined charity The Mehiel Foundation

Professional Adviser
clock 19 December 2025 • 1 min read
Why human connection remains central in a digitally enabled advice sector

Why human connection remains central in a digitally enabled advice sector

'It is clear that the sector is moving through a significant period of transformation'

Tim Riseborough
clock 17 December 2025 • 3 min read