Priips: Important steps achieved for consumers

Ridhima Sharma
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Priips: Important steps achieved for consumers

The German Investment Funds Association BVI considers that the proposals of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) on Packaged Retail and Insur- ance-based Investment Products (Priips) are a great step forward in the discussions regarding the flaws in the legislation for new investor infor- mation. Thomas Richter, chief executive officer of BVI, commented: ‘This is an important step for European consumers. The longer deadlines give us more time to work with...

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