FCA has opened a Call for Input to get firms’ and consumers’ initial experiences of the PRIIPs requirements. It welcomes comments generally, but particularly in respect of:
- determining whether a product is within or out of scope; and
- the practical aspects of cost and risk disclosure requirements.
The Call for Input usefully summarises the various regulatory requirements that apply to different types of product and explains the concerns firms have already raised with FCA.
FCA seeks comments by 28 September.