PIMFA calls for PRIIPs suspension in regulatory U-turn

Had previously urged EU regulators to go ahead as planned

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"ESA's consultation exercise is misconceived, a sticking plaster that can neither hide nor address the fundamental flaws of the regime as a whole" - PIMFA's Liz Field
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"ESA's consultation exercise is misconceived, a sticking plaster that can neither hide nor address the fundamental flaws of the regime as a whole" - PIMFA's Liz Field

The Personal Investment Management & Financial Advice Association (PIMFA) has reversed its position on the under-fire PRIIPS regulation by calling for its complete suspension until a full review can take place.

Earlier this week, PA's sister brand Investment Week reported that European authorities had agreed to delay the extension of the PRIIPs Key Investor Document (KID) requirement to UCITS funds by ano...

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