| """UK FCA compliance rules for marketing materials""" | |
| FCA_RULES = { | |
| "required_disclaimers": [ | |
| { | |
| "type": "capital_risk", | |
| "text": ["capital at risk", | |
| "you may lose some or all of your investment", | |
| "your capital is at risk"], | |
| "severity": "high" | |
| }, | |
| { | |
| "type": "regulatory_status", | |
| "text": ["regulated by the Financial Conduct Authority", | |
| "authorised and regulated by the FCA", | |
| "FCA regulated"], | |
| "severity": "high" | |
| }, | |
| { | |
| "type": "past_performance", | |
| "text": ["past performance is not a reliable indicator of future results", | |
| "past performance does not guarantee future returns"], | |
| "severity": "high" | |
| } | |
| ], | |
| "prohibited_terms": [ | |
| { | |
| "term": "guaranteed profit", | |
| "variations": ["secure profit", "assured gains", "guaranteed returns"], | |
| "severity": "high", | |
| "context_check": True | |
| }, | |
| { | |
| "term": "no risk", | |
| "variations": ["risk free", "zero risk", "safe investment"], | |
| "severity": "high", | |
| "context_check": True | |
| }, | |
| { | |
| "term": "secured returns", | |
| "variations": ["protected returns", "guaranteed income"], | |
| "severity": "high", | |
| "context_check": True | |
| } | |
| ], | |
| "channel_specific_rules": { | |
| "email": { | |
| "required": ["opt-out mechanism", "firm details"], | |
| "character_limit": None | |
| }, | |
| "social": { | |
| "required": ["#ad", "#financial promotion"], | |
| "risk_warning_placement": "prominent" | |
| }, | |
| "print": { | |
| "required": ["risk warning", "firm details"], | |
| "font_size_minimum": "10pt", | |
| "risk_warning_prominence": "no less prominent than main message" | |
| } | |
| }, | |
| "risk_scoring": { | |
| "missing_disclaimer": 4, | |
| "prohibited_term": 5, | |
| "misleading_statement": 4, | |
| "risk_thresholds": { | |
| "low": 3, | |
| "medium": 6, | |
| "high": 9 | |
| } | |
| }, | |
| "specific_requirements": { | |
| "retail_investment": { | |
| "required_elements": ["past performance warning", "balanced message"], | |
| "restricted_terms": ["tax-free", "guaranteed"] | |
| }, | |
| "pension_products": { | |
| "required_elements": ["tax treatment warning", "age restrictions"], | |
| "restricted_terms": ["pension liberation", "pension loan"] | |
| } | |
| } | |
| } |