FCA retires Finalised Guidance 12/15 and 14/1 on describing advice services and inducements
Due to changes brought about by MiFID II, the FCA is retiring FG12/15 on independent and restricted advice and FG14/1 on inducements and conflicts of interest.
UK PRIIPs Regulation published – KIDs required 1 January 2018
The PRIIPs Regulation requires those manufacturing a packaged retail and insurance-based investment product (“PRIIP”) to draw up a key information document (“KID”) containing standard information, and requires persons advising on or selling PRIIPs to provide the KID to retail investors, with effect from 1 January 2018.