Regulator says the review sets out how AI could reshape retail financial services for consumers, firms, markets, and regulators by 2030 and beyond.
Retail
The FCA said the changes are part of its plans to give wholesale firms the confidence to apply the Duty proportionately.
Andrew Dipkin argues the “retailization” of private markets is transforming fund administration from a back-office function into critical infrastructure.
Consultation aims to streamline compliance by moving financial promotions under Consumer Duty umbrella.
The new disclosure framework for retail investment products replaces PRIIPs and aligns with the Consumer Duty,
Report is conclusion of the Risk Warnings Review, commissioned by the Chancellor as part of the Leeds Reforms and undertaken by industry, government, and regulators.
Is the UK’s framework for shareholder democracy fit for purpose in an era of sophisticated activism operating against a largely disengaged retail base?
Binance has accepted exposing 524 retail investors to high-risk crypto products by misclassifying them as wholesale clients. The company had already compensated those clients in 2023.