ALFI conference: Industry needs to work together to avoid more regulation, Fidelity says
Tue Oct 5, 2010
The UK’s retail distribution review may be extended if the financial services industry does not work with the regulator with the Markets in Financial Instruments Directive, Philip Warland from Fidelity International has warned.
The distribution process is being reviewed and consulted upon by the European Commission through three directives: the Insurance Mediation Directive, MIFID and Packaged Retail Investment Products. The RDR is being implemented by the UK regulator, the Financial Services Authority, and will come into force on 1 January 2013.
It aims to create trust and confidence for retail investors by...
The full contents of this article are available to active Absolute UCITS subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial or subscribe to Absolute UCITS.
Subscribers have unlimited access to all current content, including UCITS fund performance Live League Tables. Start your subscription today - click on the button below.