Phil Lancaster focuses on four elements of the upcoming ‘PRIIPS' European regulation that could be significant in helping rebuild the confidence of investors in structured investments
The Packaged Retail Investments & Insurance Products (PRIIPs) regulation from the European Parliament, which takes effect from 31 December 2016, will require products, including structured investments, to have Key Investment Document (KIDs) that can be shown to investors during the investment decision process. In a game of ‘Regulatory Acronym Scrabble', PRIIPs would score a mere handful of points and yet, if it achieves its aim to improve transparency in retail investment products, the payoff could be much greater, rebuilding the confidence of retail investors and advisers in structured ...
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