This episode of the Fair, Clear, and Not Misleading podcast explores the origins and implications of financial promotion rules, particularly in relation to high-risk investments and cryptocurrencies in the UK. Hosts Wayne Green and Gareth Malna, co-founders of Engelbert, delve into the following key topics:
- The Financial Conduct Authority's (FCA) 2022 consultation paper on high-risk investments
- The impact of post-COVID consumer behaviour on investment trends
- The challenges faced by regulators in addressing crypto markets
- The unusual approach of regulating crypto marketing before the activity itself
- Personal experiences of the hosts with early crypto investments
- The cultural clash between traditional financial regulation and the crypto world
This episode provides valuable insights into the evolving landscape of financial regulation, particularly as it relates to emerging technologies and investment trends.