Priips Level 2 technical implementation measures are flawed and go against Level 1 objectives, Efama

The Key Information Document (Kid) for packaged retail and insurance-based investment products (Priips) Level 2 implementing measures allow a practical implementation, but a number of other important provisions "simply go against the Level 1 objectives", according to the European Fund and Asset Management Association (Efama). The Kid regulatory technical standards (RTS) , which were published in the Official Journal of the European Union (EU) on April 12, marked the end of a long and complicate