Tag: Priips
LuxSE targets French and US banks with new structured products segment for ‘qualified investors’ only and no-Kid...
Europe | Industry
04 Dec 2018 by Pablo Conde
Both the Euro MTF, as well as the regulated market of the Luxembourg Stock Exchange (LuxSE) have been equipped with their respective professional segments reserved to qualified and professional investors and will not be accessible to non-retail investors
Houston, we have a problem: the Kids are ‘useless’
Europe | Regulations & Legal
29 Nov 2018 by Pablo Conde
A random risk analysis of three products shows how creating two parallel but different 1-7 risk scales has added to the confusion in the market, while the vagueness of the definitions around the risk calculations for expected returns has resulted in every bank doing this differently
Priips /Ucits harmonisation remains a hurdle despite Kid implementation delay
Europe | Regulations & Legal
21 Nov 2018 by Pablo Conde
With the European Commission (EC) indicating its support to the delay in the implementation of Kids for Ucits funds for two years, a number of possibilities open up to harmonise the Ucits framework with Priips and Mifid 2. The Association of Investment Companies (AIC) calls for Kids to be suspended for all investment products.
Switzerland gears up to adopt Kids
Europe | Regulations & Legal
15 Nov 2018 by Pablo C Conde-Herman
The Swiss Federal Council has opened a consultation process regarding the obligation to prepare a prospectus in connection with public offerings of securities and their admission to trading on a trading venue and the requirement to provide a key information document in connection with the offering of certain financial instruments to retail investors.
Esas push ‘unrealistic’ Priips review, proposed changes to Kid expected within a month
Europe | Regulations & Legal
12 Nov 2018 by Pablo Conde
The European Supervisory Authorities - Esma, Eiopa and EBA (Esas) issued on Friday (November 8) a consultation paper on targeted amendments to the Delegated Regulation covering the rules for the Key Information Document (Kid) for Packaged Retail and Insurance-based Investment Products (Priips).
Belgium Market Review - September 2018
Europe | Market Reviews
31 Oct 2018 by Nikolay Nikolov
Nine months after the Mifid 2 and Priips regulations have been introduced, there is still significant heterogeneity in the solutions offered by the different players in the sector, said Veerle De Schryver, Director, Transversal supervision on financial products, FSMA (Belgium) during the Regulatory Roundtable discussion at the inaugural SRP France conference on September 17.
Past performance back on the agenda as consumer group aims at Ucits Exemption review
Europe | Regulations & Legal
29 Oct 2018 by Pablo Conde
Better Finance says Priips rules ‘contradict and violate’ Mifid 2 provisions as the information on performance provided will not be clear and understandable to the majority of EU investors.
EU acknowledges Kid frailty as UK FCA slams European authorities for being too slow
Europe | Regulations & Legal
26 Oct 2018 by Pablo Conde
Two senior European Union officials have admitted that the Priips regulation and, in particular, the Key Information Document (Kid), are not fit for purpose.
The aims of Priips are noble, SRP France
Europe | Conferences
17 Oct 2018 by Richard Jory
