Chris Davies: 2019 - the year of high regulatory accountability

One thing we can count on in financial services, apparently, is that it rains regulations and so, with the end of January in sight, it is worth taking stock of where we are and ensure we can plan ahead as we enter an era of high regulatory accountability. FCA U-turns on administrative SM&CR rules 2018 saw a major focus on consumer protection across: * PRIIPs: This was the regulation on key information documents for Packaged Retail and Insurance based Investment Products, which aimed to extend the MiFID II standards of consumer protection. A tad controversial, given the FCA had to c...