PIMFA response to HM Treasury: Regulatory Framework for the Approval of Financial Promotions

PIMFA responds to HM Treasury: Regulatory Framework for the Approval of Financial Promotions. Unregulated investments marketed by unauthorised firms pose significant risk to retail investors and we highlight that the current framework is not, in our view, sufficiently identifying investments which could cause real harm and that the current construct is not conducive to good outcomes for consumers, or indeed firms