Investment firms will no longer need to produce key information documents for retail products, but will instead publish simpler “product summaries,” the FCA confirmed in a statement on Monday. The regulator also set out plans to draw “a brighter line” between retail and professional investors.
| less than a minute read
UK Watchdog Shakes Up Retail Rules to Boost British Investing
“They [the measures] support investment risk culture right along the spectrum,” said Simon Walls, executive director of markets at the FCA.
