As the Priips review continues to drag on without solving some of the underlying issues and addressing the differing views, consumer bodies fire a warning shot after the European Council and Parliament reject the draft Regulatory Technical Standards (RTS) (level 2).
The European Federation of Investors and Financial Services Users, Better Finance, and Age Platform Europe, a European network of non-profit organisations of and for people aged 50+, have sent an open letter to the European Commission and European Parliament’s Econ Committee on the issue of the draft level 2 rules for the Priips Kid proposed by the European Supervisory Authorities (ESAs). “Better Finance reiterates the need for an urgent review of the Priips Level 1 regula
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