A group of European associations representing the banking, funds and insurance industries have written to the European Commission to express ‘serious concerns‘ in relation to the Priips review launched in October 2019.
The European Supervisory Authorities’ (ESAs) current approach to amending the Priips Key Information Document (Kid) is ‘fundamentally flawed and will not meet the Priips Regulation’s aim of providing information that is fair, clear and not misleading’, according to the Association of Mutual Insurers and Insurance Cooperatives in Europe (Amice), the European Banking federation (EBF), the European Funds and Asset Management Association (Efama), and Insurance Europe. In a l
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