FCA to urge EU authorities to address PRIIPs failings

EU review to be completed this year

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Chief executive of the FCA Andrew Bailey
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Chief executive of the FCA Andrew Bailey

The Financial Conduct Authority (FCA) is calling for European authorities to address significant concerns with regard to the PRIIPs regulation, which came into force in January 2019.

Scope, transaction costs calculations, "performance scenarios" and "summary risk indicators" (SRI) are part of a plethora of issues the FCA believes the European regulators and politicians must address...

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