02 June 2021
•
4 min read
Image:
"The fact the regulator changed the rules, which originate as part of EU's MiFID regulations, bears out that the rule is not fit for purpose during a crisis in its current guise."
After pressing pause on the 10% depreciation notification rule, writes Steven Levin, the FCA must now ditch the regulation that is not fit for purpose
This spring was meant to see the launch of a consultation looking at changes to rules around the requirement for firms to issue 10% depreciation notifications to investors as part of the FCA's MiFID ‘quick...
To continue reading this article...
Join Professional Adviser
- 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.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
