Priips: Important steps achieved for consumers

Ridhima Sharma
clock • 2 min read

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...

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