PRIIPs

Ready or not…PRIIPs KID implementation deadline for UCITS funds is coming soon!

On 3 February 2021, the European Supervisory Authorities (ESAs) submitted draft Regulatory Technical Standards (RTS) to the European Commission. These contained amendments to the key information document (KID) for packaged retail and insurance-based investment products (PRIIPs). Although some national competent authorities on EIOPA’s board expressed reserva […]
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MiFID II: more investor protection means new communications solutions

Ladies and gentlemen, I hope you enjoyed reading Part 1 of the series on MiFID II for ManCos. Now it is time for Part 2. In this article, we will dig deeper into the world of markets for financial instruments with a focus on investor protection. Investor protection: pile it on Even more investor protection… you might be wondering if there isn’t enough p […]
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European Parliament rejects the RTS of the PRIIPs Regulation in plenary… so… what happens next?

The European Parliament (EP), in its plenary last Wednesday, voted in favour of its ECON Committee’s[1] ‘Motion for a Resolution.’ In other words, the EP
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The PRIIPs MOPs challenge: multiple options! …but multiple interpretations

Since the PRIIPs Regulation[1] (“the Regulation” from here on) was published on 9 December 2014, the concept of a multi-option product (MOP)—created by the European legislator to allow PRIIPs to refer to products which offer
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PRIIPs and grandfathering: where’s this debate headed?

With the PRIIPs Regulation’s implementation date approaching—31 December 2016—there are still some questions unanswered for the insurance industry. Specifically,

PRIIPs KID: why a 2017 law needs your attention now

UPDATE: Read the latest PRIIPs article here! The 2007-08 financial crisis brought with it a scrutiny of financial practices. One observation that cropped up involved retail investor protection: some financial products lacked transparency, and consumers didn’t always understand the risks associated with financial investments. The combination meant a […]