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PRIIPs
PRIIPs implementation pushed by 12 months.
Insights -
Following a debate, The European Commission (EC) has confirmed the date for its PRIIPs regulations will be pushed to January 2018. The Packaged Retail and Insurance-based Investment Products (PRIIPs) legislation was due to come into force on 31 December 2016. Early indicators were there: in September the European Parliament (EP) rejected the regulatory technical standards (RTS) governing PRIIPs Key Information Documents (KIDs). With the College of Commissioners voting to delay the implementation, the Commission...
