EU retail investment regulation extended to cover insurance

Esma opinion may dilute Priips upon implementation, say observers

European Parliament
European Parliament

Two crucial last-minute changes to Europe's draft rules governing small investors - known as the Packaged Retail Investment Products Regulation (Prips) - have ensnared insurance products but discarded the possibility of including pension-related investments in the new regulatory landscape. Now, after more than five years of negotiations, the Packaged Retail and Insurance-based Investment Products Regulation (Priips) has finally been approved by the European Parliament. The European Council co