Definition ∞ Specified Investments refer to a defined category of financial products or instruments that are subject to particular regulatory oversight and restrictions, often concerning their promotion or sale to retail investors. These investments typically possess characteristics that warrant specific consumer protection measures due to their complexity, risk profile, or illiquidity. The designation ensures that firms dealing with these products adhere to stricter rules regarding advice, disclosure, and suitability assessments. It delineates assets requiring enhanced regulatory treatment.
Context ∞ The discussion around Specified Investments is highly pertinent in jurisdictions like the UK, where regulators are evaluating whether certain cryptoassets should fall under this classification. Its situation involves financial authorities considering how to apply existing regulatory frameworks to novel digital assets to protect consumers. A critical debate centers on which cryptoassets qualify as specified investments and the implications for firms offering them. News often covers regulatory pronouncements or consultations regarding the classification and regulation of various crypto products.