Tag: Kid
Esma: Priips KID functioning as intended
Europe | Regulations & Legal
15 Apr 2021 by SRP News
The European Securities and Markets Authority (Esma) has published its annual statistical report on the cost and performance of EU retail investment products.
Priips review goes ahead as Eiopa agrees on RTS changes
Europe | Regulations & Legal
08 Feb 2021 by Pablo Conde
The European Supervisory Authorities (ESAs) - the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (Eiopa) and the European Securities and Markets Authority (Esma) - have submitted draft Regulatory Technical Standards (RTS) on amendments to the Priips KID to the European Commission.
UK moves to ‘improve’ Priips regime
Europe | Regulations & Legal
02 Nov 2020 by Tim Mortimer - FVC
On 23 June, the UK government announced its intention to convert the existing body of EU legislation into British law and has now issued some more detailed proposals.
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.
European trade bodies call out Priips ‘piecemeal’ approach
Europe | Regulations & Legal
17 Feb 2020 by Pablo Conde
A group of European associations representing the banking, funds and insurance industries have written to the European Commission to express ‘serious concerns‘ in relation to the Priips review launched in October 2019.
Esma: Priips Kid methodology and presentation will be amended
Europe | Regulations & Legal
21 Nov 2019 by SRP News
The European regulator acknowledges the need ‘to get a Kid that meets the intended outcomes’ as Mifid 2 follow up review looms.
