Warnings of 'serious investor detriment' as PRIIPs comes into force
'Misleading' KIDs
The new PRIIPs directive came into effect on 1 January
Industry trade bodies have made fresh appeals for action to avoid "serious investor detriment" resulting from newly-enforced PRIIPs literature requirements that will "at best confuse … and at worst mislead" consumers.
The European Union's Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation, which came into force on 1 January, is aimed at helping retail investors better understand and compare...
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