The Personal Investment Management & Financial Advice Association (PIMFA)

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PIMFA Response to FCA CP25/36 Client Categorisation and Conflicts of Interest

PIMFA have responded to the FCA’s CP25/26 Client Categorisation and Conflicts of Interest. We are supportive of the alignment of conflicts of interest rules and the removal of duplicative requirements as part of the wider strategy to simplify and streamline the FCA handbook. We welcome the removal of the quantitative assessment for elective professional clients but have asked for additional clarity to support the wider client categorisation regime.
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