Morningstar praises EU regulators for PRIIPs review

Review to complete by year-end

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"It is pleasing the ESAs will consider if there is scope for synergies in reporting on costs and performance" Morningstar's Andy Pettit
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"It is pleasing the ESAs will consider if there is scope for synergies in reporting on costs and performance" Morningstar's Andy Pettit

Morningstar has welcomed a "wide-ranging and open-minded" review of the controversial KID for Packaged Retail and Insurance-based Investment Products (PRIIPs), announced by European regulators last week.

On Friday (8 February) the European Supervisory Authorities (ESAs) revealed that as a result of industry feedback, they would not immediately implement "targeted amendments" to the regulation and would...

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