JAC Response to FCA Consultation Paper on PRIIPS

On September 19, 2016, the Joint Associations Committee on Retail Structured Products responded to the Financial Conduct Authority’s Consultation Paper CP16/18: Changes to disclosure rules in the FCA Handbook to reflect the direct application of the PRIIPs regulation. This JAC response was supported by ISDA, ICMA and GFMA and made several extensive points considered fundamental to the application of the PRIIPs regulation: highlighting the industry’s need for clarity on the scope of the PRIIPs regulation; and the need for tailoring certain of the requirements to accurately reflect the working of certain derivatives considered as PRIIPs and structured products so as not to mislead investors.

Documents (1) for JAC Response to FCA Consultation Paper on PRIIPS

Global Trading in INR Derivatives

Global trading in derivatives involving the Indian rupee (INR) has expanded significantly over the past decade, reflecting the currency’s growing role in international hedging and trading activity. According to the Bank for International Settlements (BIS) Triennial Central Bank Survey, the...