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.
The UK's integration of crypto activities into the FSMA framework mandates full FCA authorization and robust compliance controls for all firms serving UK clients.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
