Opposition grows to Prips risk indicator proposal
Publication of responses to European consultation paper reveals widespread dislike of risk indicator plans
European Commission (EC) plans to introduce standardised risk-reporting requirements for retail structured products have run into stiff opposition, with responses to the initial consultation document citing the danger of over-dependence on a single risk indicator.
The consultation paper, published in November 2010, suggests packaged retail investment products (Prips) should carry risk information similar to that already in place for structured investment funds under the Ucits IV directive
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