Page 48 - 期货和衍生品行业监管动态（2024年6月刊）

期货和衍生品行业监管动态

In an FCA first, the regulator built an experimental trading app platform to test

the effect of different DEPs on trading behaviour. It also found evidence that DEPs

can have a larger impact on some subgroups, including those with low financial

literacy, women and younger participants (18-34).

Under the FCA’s Consumer Duty, trading apps must ensure services are designed

and tested so they meet consumers' needs and enable them to make effective, timely

and properly informed investment decisions, including for those with characteristics

of vulnerability.

The FCA warned stock trading apps to review game-like design features in 2022

ahead of the Consumer Duty’s implementation.

Sheldon Mills, Executive Director of Consumers and Competition at the FCA,

said:

'Trading apps have the potential to transform retail investments, but some in-app

features might be pushing consumers towards more frequent or riskier trading, which

isn’t right for everyone.

'With usage and popularity of trading apps growing, we’ll be keeping them under

review to make sure customers can make investment decisions that suit their needs.'

The FCA continues to educate consumers about making better investment

decisions and understanding the opportunities and risks, through its InvestSmart

campaign. It has also brought charges against ‘finfluencers’ promoting financial

products on social media.

https://www.fca.org.uk/news/press-releases/fca-keeps-trading-apps-under-review-over

-gaming-concerns

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