FCA calls for industry input on under-fire PRIIPs regulation

Covers scope, disclosure requirements and transaction cost calculations

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FCA's intervention comes amid industry concerns over the clarity of PRIIPs
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FCA's intervention comes amid industry concerns over the clarity of PRIIPs

The Financial Conduct Authority (FCA) has initiated its review into the unintended consequences of PRIIPs regulation, which came into force in January, by asking for feedback on areas including performance scenarios and transaction cost calculations.

The call for evidence, which closes on 29 September, will form the basis of the FCA's supervisory work on the regulation as well as a feedback statement it will publish in the first quarter of 2019...

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