🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

BRIEF-UK's FCA proposes changes to encourage better customer communications

Published 2015-10-22, 06:44 a/m
© Reuters.  BRIEF-UK's FCA proposes changes to encourage better customer communications

Oct 22 (Reuters) - Financial Conduct Authority (FCA) :
* Announced plans to remove a number of ineffective
communication requirements from its handbook
* Also set out its intention to consult to remove a number
of existing disclosures as part of its commitment to create a
sustainable regulatory framework
* Reviewing feedback received on smarter consumer
communications discussion paper and will consider whether
further changes can be made to improve customer outcomes.
* Proposing to amend rules and guidance on consumer-friendly
principles and practices of financial management, short report
* Proposing to amend initial disclosure document/combined
initial disclosure document and services and costs disclosure
document
* Consultation will close on 18 December 2015

Source text: (http://bit.ly/1PCebqo)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.