UK - The Financial Services Authority has published a supplementary policy statement to assist the industry as it strives to find a market-based solution to the transparency and accountability issues raised by soft and bundled brokerage commissions.
The policy statement sets out the FSA’s views on “non-permitted services”, “execution” and “research” and the scope of the terms, the authority said. Regulators in the UK and US have been pushin...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date