Consumer Composite Investments: Difference between revisions
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For the purposes of the UK Consumer Composite Investments (Designated Activities) Regulations 2024, Consumer Composite Investments are defined very broadly as: | For the purposes of the UK Consumer Composite Investments (Designated Activities) Regulations 2024, Consumer Composite Investments are defined very broadly as: | ||
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: (b) a contract of insurance, or | : (b) a contract of insurance, or | ||
:(c) any right to - or interest in - any investment or contract of insurance | :(c) any right to - or interest in - any investment or contract of insurance... | ||
... where the value or amount payable to the investor is subject to fluctuations because of exposure to reference values or to the performance of one or more assets which are not directly purchased by the investor. | ... where the value or amount payable to the investor is subject to fluctuations because of exposure to reference values or to the performance of one or more assets which are not directly purchased by the investor. | ||
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*[https://www.legislation.gov.uk/uksi/2024/1198/contents/made UK Consumer Composite Investments (Designated Activities) Regulations 2024] | *[https://www.legislation.gov.uk/uksi/2024/1198/contents/made UK Consumer Composite Investments (Designated Activities) Regulations 2024] | ||
*[https://www.treasurers.org/hub/blog/uk-debt-capital-market-reform-retail-inclusion UK Debt Capital Market Reform & Retail Inclusion – where are we now? - James Leather MCT - December 2024] | *[https://www.treasurers.org/hub/blog/uk-debt-capital-market-reform-retail-inclusion UK Debt Capital Market Reform & Retail Inclusion – where are we now? - James Leather MCT - December 2024] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
Revision as of 22:49, 24 December 2024
Retail investor protection - UK - Financial Conduct Authority (FCA) - UK Consumer Composite Investments (Designated Activities) Regulations 2024.
(CCIs).
For the purposes of the UK Consumer Composite Investments (Designated Activities) Regulations 2024, Consumer Composite Investments are defined very broadly as:
- (a) an investment, or
- (b) a contract of insurance, or
- (c) any right to - or interest in - any investment or contract of insurance...
... where the value or amount payable to the investor is subject to fluctuations because of exposure to reference values or to the performance of one or more assets which are not directly purchased by the investor.
However, there are also a number of important exceptions to this broad definition, including life assurance, personal incapacity insurance, central government bonds, pension plans and others.
See also
- Bond
- Consumer
- Contract
- Debt capital market (DCM)
- European Union (EU)
- Financial Conduct Authority (FCA)
- Framework
- Gilt
- Key Information Document (KID)
- Insurance
- Interest
- Investment
- Life assurance
- Pension
- PRIIP
- PRIIPs Regulation
- Regime
- Regulation
- Retail
- Retail bond
- Retail inclusion
- UK Consumer Composite Investments (Designated Activities) Regulations 2024
