Finance
UK financial watchdog proposes simpler investor information system
Published by Global Banking & Finance Review®
Posted on December 19, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 19, 2024
1 min readLast updated: January 27, 2026
The UK's FCA proposes a simpler investor information system to boost investments and enhance consumer confidence.
(Reuters) - The UK's Financial Conduct Authority (FCA) on Thursday proposed replacing its existing complex investor information system with a simpler one, aiming to boost investments in the country.
The governing Labour Party has been working to revamp regulations that affect Britain's vital financial sector, often referred to as the "crown jewel" of the country's economy.
The FCA said this new, more straightforward and flexible system, tailored specifically for the UK, would provide consumers with clearer product information, helping them better understand their investments.
"High quality product information will give consumers the confidence to invest; increased participation in this market will not only benefit consumers but will also provide capital to drive the economy and boost growth," said Simon Walls, interim executive director of markets at the FCA.
The watchdog's detailed requirements would also grant companies more freedom in how, what, and when they communicate with consumers.
(Reporting by Yamini Kalia in Bengaluru; Editing by Tasim Zahid)
The main topic is the FCA's proposal to simplify the investor information system in the UK to boost investments.
The FCA proposes a more straightforward and flexible system tailored for the UK, providing clearer product information.
The UK's Financial Conduct Authority and the governing Labour Party are involved in the regulatory changes.
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