Unpicking risk in the Priips framework

A lack of precision and decisiveness is shortening the timetable for resolving much-needed technical standards in the packaged retail and insurance-based investment products framework, says Future Value Consultant's Tim Mortimer

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Tim Mortimer, Future Value Consultants

In June 2015 the joint European Supervisory Authorities (ESAs) published the discussion paper for packaged retail and insurance-based investment products (Priips) technical standards. The paper details the different approaches that might be taken for the Priips retail investment regime due to come into place at the end of 2016. The paper was much more discussion oriented than had been expected by the industry. Important decisions must be made via a further proposal paper before the

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