FCA makes PRIIPs disclosure rules

FCA has made the rules that will change disclosure requirements on application of the PRIIPs Regulation, which should be from 1 January 2018.  FCA has provided as much clarity and certainty as it can, to help firms prepare for the changes. The paper includes feedback on FCA’s consultation, and guidance on whether certain products will be PRIIPs.

The final changes will affect many parts of the Handbook, in particular COBS, COLL, FUND and the Glossary, and will include a new section in GEN to reflect the requirement to provide a PRIIPs KID.