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April 18, 2017
The FCA’s consultation paper regarding streamlined advice came out last week (https://www.fca.org.uk/publication/guidance-consultation/gc17-04.pdf)   The key takeways from the 51 pages are: Section 2.6 “MiFID II contains obligations which require a product distributor to understand the financial instruments it offers, recommends or sells; assess the compatibility of the financial instruments with the needs of the clients to...
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