February 2008

The Financial Services Authority invites comments on this Consultation Paper. Comments should reach us by 19 May 2008.

You can send your response by electronic submission using the following form or by emailing us at the address shown.

Alternatively, please send comments in writing to:

Sarah Wong
Retail Investments Policy
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

Tel: 020 7066 2864
Fax: 020 7066 2865

E-mail: cp08_03@fsa.gov.uk

It is the FSA's policy to make all responses to formal consultation available for public inspection unless the respondent requests otherwise

Note: You can take a printout of your response before clicking the 'Submit to FSA' button at the end of the form, but this will only print the visible text on screen, and you may have given longer answers. After submitting your response, the form will clear, but when we acknowledge receipt of your response by email, we can return to you a copy of your full submission as received. Check this box if you would like to have a copy of your submission returned:

Submission Details









as an individual
as a representative of an authorised firm
as a representative of a professional firm
other (please specify):

 

Chapter 3 - Options for disclosure

 

Do you agree with our proposal to introduce an IDD-style document into guidance in COBS to replace the existing IDD and menu guidance? Please give reasons.

 

Do you believe there is scope for industry guidance in this area? If so, what do you envisage?

 

If you are interested in developing industry guidance, please describe what you envisage (e.g. whether it would build on our IDD-style document, what areas it would cover) and the likely timeframe.

 

If you think industry guidance is more appropriate than FSA guidance, what guidance if any, should be provided in the interim while industry guidance is being developed?

 

Chapter 4 - Our proposals

 

Do you have any comments on our services and costs disclosure document?

Do you agree that firms conducting designated investment business for a retail client in relation to non-MiFID packaged products should give the client information about the firm and its services and costs and associated charges, before providing services?

Chapter 5 - Cost benefit analysis

 

Do you have any comments on our CBA?