British government narrows scope of Priips post-Brexit

The UK’s HM Treasury has published a draft version of the packaged retail and insurance-based investment products Regulations 2019 which includes amendments to be implemented after the (EU exit. The draft Regulations addresses deficiencies in the UK Priips 2017 and amends the directly applicable EU Priips Regulation - and its secondary legislation, to be retained after Brexit. The UK draft Regulations will be applicable to financial firms that manufacture, sell or advise on retail investm