Skip to content
  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
wikifx

wikifx

  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
  • Toggle search form
  • Eurex expands LatAm footprint by launching futures on MSCI Brazil forex news
  • LME sets firm daily price limits for Nickel outrights forex news
  • Match-Trade adds News Widget to trading platform forex news
  • Swissquote introduces new Investment Inspiration widget forex news
  • Glenn Hutchins resigns from Virtu Financial’s BoD forex news
  • Joseph Wolf to become CEO of Credit Suisse Financial Services (Israel) Ltd forex news
  • Monex’s “ON COMPASS+” service marks increase in assets under management forex news
  • Nadex bans 14 traders for engaging in manipulative scheme forex news

European Commission adopts new disclosure rules for retail investment products

Posted on 2021-09-08 By admin No Comments on European Commission adopts new disclosure rules for retail investment products

The European Commission has today adopted new and improved rules in the area of retail investment.

A Delegated Regulation adopted today sets out what should be included in the so-called “PRIIPs KID” (the Packaged Retail Investment and Insurance Product (PRIIPs) Regulation Key Information Document). The PRIIPs KID is a document private investors receive when they purchase certain investment products. It summarises and explains the key elements of each investment product – especially the costs, risks, and potential returns – so that private investors can better understand the product they are buying, and compare it with other products.

The PRIIPs KID will now be the only document of its kind given to private investors across major retail investment products types, including investment funds, life-insurance investment products, and structured products.

Mairead McGuinness, EU Commissioner responsible for Financial services, financial stability and Capital Markets Union said,

“Current practice where retail investors receive two different types of retail investment information sheets, depending on whether they are buying an investment fund product or another type of retail investment, can make it difficult for investors to compare products, especially on risks or costs. For this reason, we are simplifying the rules to bring them together under one umbrella: the PRIIPs Key Information Document.”

The new rules will now be subject to scrutiny by the European Parliament and the Council. They are scheduled to apply from 1 July 2022. This is intended to coincide with targeted quick-fix amendments of the PRIIPs Regulation and the UCITS Directive, which will end the obligation for retail investment funds to publish UCITS KIIDs as of 1 July 2022, to avoid duplicate pre-contractual disclosures.

The Key Information Document may be viewed here.

forex news Tags:forex-news

Post navigation

Previous Post: Mastercard acquires open banking tech provider Aiia
Next Post: Cboe, EuroCCP launch Cboe Europe Derivatives

Related Posts

  • NatWest hit with £264.7M AML fine in bags-of-cash case forex news
  • Russian c-bank issues statement on Visa and Mastercard cards forex news
  • TradeStation adds Micro WTI Crude Oil futures from CME to offering forex news
  • SEC goes after $50M binary options scam Porter Brokers forex news
  • Exclusive: ACY Securities hires Henrick Rajamountry as Head of Marketing forex news
  • Founders of crypto firm Dropil agree to plead guilty to fraud forex news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • EUR/USD Holds Near 1.05 as Fed, ECB Policies Shape Market Sentiment
  • Gold Prices Hold Steady Amid Global Economic Uncertainty
  • Australian Dollar: How RBA Policies, Commodity Prices, and Global Tensions Are Shaping the AUD’s Market Performance
  • EUR/USD: Understanding the Currency Pair’s Trends
  • USD Under Pressure: Navigating Economic Data and Global Uncertainties

TAG

Axiory Review 2022 B2B B2Broker News Basic Forex Knowledge broker brokers brokers in the UK Brokersview Broker tools CFDs coin News cryptocurrency Cryptocurrency News Crypto News dogecoin FCA news finance forex forex-news Forex Broker Forex Brokers Forex Demo Account Forex market forex news forex scams forex time Forex trading fx fxtrader fxtrading Global Forex Gold Analysis HotForex InstaForex LiteForex Review 2022 markets work MT4 MT5 news OctaFX Review Samtrade FX South Africa trade Forex traders Trading Forex
  • CMC Markets shareholders approve all resolutions at AGM forex news
  • FCA voices concerns about MAR compliance of web-based trading platforms forex news
  • FX week in review: FairXchange acquired, Capital Index and Advanced Markets execs leave, NAGA exits UK forex news
  • Exclusive: BDSwiss hires ex MultiBank and ADSS exec Khalil Cheikha as VP Sales forex news
  • InvestiFX, VestleFX and RT Global websites get blocked in Italy forex news
  • Equinix to acquire MainOne for $320M forex news
  • SteelEye launches automated reconciliation solution to help with MiFIR reporting forex news
  • Appeals Tribunal amends ASIC ban on former Spectrum director forex news

Copyright © 2025 wikifx.

Powered by PressBook News WordPress theme