The new UK Retail Disclosure Regime

Whilst all agree that the prescriptive UCITS KIIDs and PRIIPs have not worked well, the challenge of course, as always, is how you invent a new system which is better. If you think back, the UK has long struggled with this issue prior to the UCITS and PRIIPs KIDs, with UK point of sale disclosure regulation going back to the early 1990s. None has been seen to be entirely satisfactory!

In this Briefing Paper, we look at the background, the Government's desired direction of travel and the FCA's current thoughts.

Read the briefing paper in full.