European Commission releases final Priips RTS draft

The European Commission (EC) has issued a draft version of its Packaged Retail and Insurance-based Investment Products (Priips) for Key Information Document (Kid) regulation following the rejection of the draft legislation by the European Parliament in September 2016. The new revised regulatory technical standards (RTS) include a fourth performance scenario chart alongside the three existing controversial 'future projection scenarios'. Under the new draft regulation, Kids will be required to di