Tag: Priips
What happened with the Priips 2020 review?
Europe | Regulations & Legal
02 Sep 2020 by Tim Mortimer - FVC
The Priips regime has had another difficult year in 2020. This ambitious regulation came into force at the start of 2018 (at the same time as its cousin Mifid 2) and applies to all packaged retail investments issued in the EU.
Efama: Priips regime in limbo
Europe | Regulations & Legal
24 Aug 2020 by Pablo Conde
The European trade body is calling for an immediate extension of the Ucits exemption, as well as an urgent Level 1 review of the regulation.
Priips simplified SRI can hide the true picture of risk
Europe | Regulations & Legal
22 Jul 2020 by Tim Mortimer - FVC
As the Priips review stalls following the European regulators’ failure to agree on the Kid RTS review fuelling uncertainty as of how the final rules will look like, the Priips regime stays as it is until further notice.
FinSA: new requirements for foreign players in Switzerland
Europe | Regulations & Legal
17 Jul 2020 by Pablo Conde
The new Swiss Financial Services Act (FinSA) which came into force on 1 January 2020, introduced new provisions for cross-border financial services for international banks operating in the Swiss market. These include obligations to avoid conflicts of interests and other organisational requirements to align the country’s regulatory framework with Europe.
FVC, Vox to launch Priips analytics, Kid templates
International | Industry
09 Jul 2020 by Pablo Conde
The two firms have partnered to deliver automation for structured products and meet smaller ticket size, higher volumes, and faster documentation turnaround needs of structured products market.
ESAs target ESG disclosure standards
Europe | Industry
28 Apr 2020 by SRP News
A European consultation on ESG disclosure standards is not yet applicable to structured products.
Consumer body warns of ‘devastating’ impact of MEPs rejection of Priips RTS
Europe | Regulations & Legal
22 Apr 2020 by Pablo Conde
As the Priips review continues to drag on without solving some of the underlying issues and addressing the differing views, consumer bodies fire a warning shot after the European Council and Parliament reject the draft Regulatory Technical Standards (RTS) (level 2).
SPIS: common naming approach will make it easier for everyone
Europe | Industry
19 Mar 2020 by Charlotte Fyle
As the industry comes to terms with the modifications on Regulatory Technical Standards (RTS) proposed by the ESAs under the Priips review, SRP caught up with Fredrik Bonthron (pictured), head of the Swedish structured product association (SPIS), to discuss the current regulatory environment and the top items in the trade body’s agenda.
More on Priips: urgent revision of ‘impracticable Kids’ needed
Europe | Regulations & Legal
24 Feb 2020 by Pablo Conde
The inconsistency between the Ucits and Priips regime remains a concern as well as some of the modifications on Regulatory Technical Standards (RTS) proposed by the ESAs under the Priips review including ‘performance scenarios’ and ‘summary risk indicators (SRI) indicators’.
