Insurance regulators blamed for Priips delay

Dealers welcome late changes to product risk rating parameters

European Commission
The European Commission is expected to approve the Priips technical standards soon

Europe's national insurance regulators have been blamed for holding up approval of sweeping reforms of the European structured products market. A number of the watchdogs were reportedly unhappy with the final draft of the rules, with several abstaining from voting on them last week, according to sources close to the matter.

Regulatory technical standards (RTSs) for the Packaged Retail and Insurance-based Investment Products (Priips) framework, which is aimed at reforming disclosure practices for

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