I KID you not! FCA to ditch performance scenarios from PRIIPs KIDs

I KID you not! FCA to ditch performance scenarios from PRIIPs KIDs

Of all the new regulations we have seen over the last few years, few have raised as many concerns, or have been as controversial and polarising as the KID requirements under the regulation for Packaged Retail and Insurance-based Investment Products (PRIIPs).

In an attempt to address many of the concerns raised over the years, the FCA have published a consultation setting out their proposals to change disclosure documents provided to retail investors under the PRIIPs regulation.

Liquidity Mismatch – FCA & BoE put forward suggested possible liquidity framework

Liquidity Mismatch – FCA & BoE put forward suggested possible liquidity framework

In 2019, the Bank of England (BoE) and Financial Conduct Authority (FCA) launched a joint review into vulnerabilities associated with the liquidity mismatch. The review built on the FPC’s 2015 assessment; the FCA’s 2019 Policy Statement on funds investing in inherently illiquid assets; and the work by the FSB and the International Organization of Securities Commissions (IOSCO).

Challenges facing ManCos – more regulations, more regulatory change, and more scrutiny than ever before (Part 1)

Challenges facing ManCos – more regulations, more regulatory change, and more scrutiny than ever before (Part 1)

The pressure is rising on the ManCo industry – Management Companies (ManCos) are dealing with more regulations, and more regulatory change than ever before. This constant churning of regulatory change, coupled with increased scrutiny from regulators has led to a complex, pressured regulatory environment. However, this increased scrutiny is not the only challenge facing Mancos!

UK 0.1% Short Selling Notification Threshold Here to Stay social share image

UK 0.1% Short Selling Notification Threshold Here to Stay

This week, on the 1st February 2021, the Statutory Instrument (SI) amending the initial notification threshold under Article 5(2) of the Short Selling Regulation (SSR) entered into force. The SI amends the reporting of net short positions to the Financial Conduct Authority (FCA), in relation to the issued share capital of a company that has shares admitted to trading on a trading venue, from 0.2% to 0.1%.