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EU Regulators given new Priips deadline - Money Marketing


Money Marketing
EU regulators given new Priips deadline
By
Charlotte Richards
25
th January 2021
8:46 am
Top EU regulators have been given a blunt warning to overhaul Priips regulation by the end of January, the Financial Times reports.
The rules, which were introduced in 2018 by the EU and apply to investment products sold to retail investors, have been heavily criticised over the years for producing “optimistic” projections and potentially misleading information about costs.
The European Commission’s financial services commissioner Mairead McGuiness has set a new deadline of 29 January in an effort to solve the ongoing divisions between regulators and lawmakers.
McGuiness has written to the EU’s three main financial regulators to demand they agree with the regulatory technical standards covering the presentation of costs and performance scenarios, according to the FT. ....

Andreas Stepnitzka , Mairead Mcguiness , European Fund , European Banking Authority , European Commission , Asset Management Association , Occupational Pensions Authority , Financial Times , European Securities , Markets Authority , European Insurance , ஐரோப்பிய நிதி , ஐரோப்பிய வங்கி அதிகாரம் , ஐரோப்பிய தரகு , சொத்து மேலாண்மை சங்கம் , தொழில் ஓய்வூதியங்கள் அதிகாரம் , நிதி முறை , ஐரோப்பிய பத்திரங்கள் , சந்தைகள் அதிகாரம் , ஐரோப்பிய காப்பீடு ,

European Commission issues looming deadline to EU regulators for shake-up of PRIIPs rules


European Commission issues looming deadline to EU regulators for shake-up of PRIIPs rules - reports
Date set for 29 January
The EC s Mairead McGuinness. Photo: European Parliament Article 17 TFEU/Flickr CC BY-ND 2.0
EU regulators have been given an end of January deadline by the European Commission s financial services commissioner Mairead McGuinness to come to an agreement about the overhaul of PRIIPs rules, the Financial Times has reported.
McGuinness has written to the European Fund and Asset Management Association (EFAMA), the European Securities and Markets Authority and the European Banking Authority setting a deadline of 29 January,.
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Andreas Stepnitzka , European Fund , European Banking Authority , Asset Management Association , European Securities , Markets Authority , ஐரோப்பிய நிதி , ஐரோப்பிய வங்கி அதிகாரம் , சொத்து மேலாண்மை சங்கம் , ஐரோப்பிய பத்திரங்கள் , சந்தைகள் அதிகாரம் ,