Degiro, the Dutch online broker which offers over 200,000 European investors access to more than 60 exchanges globally, has stopped the trading in structured certificates and derivatives for which the key information document (Kid) is not available in the local language.

The Kid, a three-page, standalone, standardised document, is part of the packaged retail and insurance-based investment products (Priips) regulation which was implemented on January 1. The new legislation states that the local regulator must determine which language is leading for an issuer to offer products in a specific country, according to Gijs Nagel (pictured) , founder and chief operating officer at Degiro. "For Degiro, it means that, for each of the 18 European countries where we are ac

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