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Groups urge a halt to Priips KID rules ahead of vote

Groups urge a halt to Priips KID rules ahead of vote
Feb 02, 2021 By Funds Europe
Investor groups are urging EU officials to re-visit fund information rules, warning that retail investors will not get the information they need and that product-comparison websites could be thwarted in delivering fund comparisons.
Organisations including the CFA Institute are re-igniting the ongoing ‘Priips’ saga ahead of a vote this month by the European Insurance and Occupational Pensions Authority (Eiopa) – a European Supervisory Authority (ESA) on Level 2 rules.
CFA Institute and Better Finance issued a joint statement urging officials to consider Level 1 rules first, saying it is not in the spirit of EU law to revise Level 2 rules ahead of Level 1. ....

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Financial institutions general regulatory news, January 2021 # 2 | Hogan Lovells

Regulatory permissions: FCA reminds firms to use or cancel
DB pension transfer advice: FCA Assessment Tool and latest data analysis
FCA MoU with DWP and MaPS
Consumer investments data review 2020: FCA summary
CMC charges for financial products and services claims: FCA CP21/1
FCA Regulation round-up
UK Regulators Network: second publication of performance scorecards
EU economic and financial system: European Commission Communication on further steps to foster openness, strength and resilience
IFD: EBA final reports on draft RTS on risk takers and variable remuneration
FICOD: Joint Committee of ESAs final report on draft ITS on reporting of intragroup transactions and risk concentration ....

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