Belgium Market Review - February 2018

The implementation of both the markets in financial instruments directive (Mifid 2) and the packaged retail and insurance-based investment products (Priips) frameworks at the beginning of this year have not been without teething problems. Key information documents (Kids) that are not available in the local language, stress scenarios that do not add up, and incomprehensible or illogical calculations that could mislead investors, are some of the issues that arose during the first weeks of the year