September 2021 Regulatory Update

Updated: Oct 5


In this white paper, we focus on the PRIIP scope rules and amendments to Regulatory Technical Standards (RTS) proposed by the Financial Conduct Authority.

The FCA proposals aim to mitigate potential harm to retail investors, in particular those buying PRIIPs without advice and who may not sufficiently understand the main product features or how they might compare in terms of risk, costs, and potential rewards.

In the proposed consultation paper, the FCA amends PRIIPs RTS on  performance information,  summary risk indicators, and  transaction costs. Furthermore, the FCA proposes new rules to clarify the scope of the PRIIP regime and when a PRIIP is not “made available” to a retail investor. To illustrate these regulatory requirements, we will compare an EU and UK PRIIP KID. To conclude this regulatory update, we will discover all potential document variations, depending on your domiciliation country and jurisdictions of distribution.


Download our regulatory update

Seqvoia_RegUpdate_FCA_Scope_Rules_Amendments_RTS
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