
EU risk ratings for structured products divide issuers
Consultation responses expose fault lines between banks and insurers

Structured product issuers are at odds over how the risks of the investments they sell to retail clients should be disclosed under the European Union's forthcoming regulation on packaged retail and insurance-based investment products (Priips).
The European Supervisory Authorities (ESAs) received 68 responses to their consultation on key information documents (KIDs) for Priips, which closed on August 17. A KID is a short disclosure document, which must be a maximum of three sides of A4 in length
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