Regulation not stalling social investment market - FCA

In its response to its 'Call for Input: regulatory barriers to social investments', the regulator said it believes regulation can "ensure the development of strong practices which in turn lead to investor confidence and so encourage and support market development". It went on: "There is nothing in MiFID, MiFID II or our rules that prevents investment advisers from recommending social investments to their clients. These rules require firms to understand the client's financial situation, investment objectives and knowledge and experience in the relevant investment field." However, the r...