Dealers decry wrangling over EU structured product reforms

MEPs' threat to vote down Priips RTS could herald "nightmarish scenario"

Business dispute
Priips split: EU dispute over RTS is threatening to disrupt dealer preparations

A soft launch of the Packaged Retail and Insurance-based Investment Products (Priips) regime looks ever more likely, with European lawmakers threatening to vote down proposed rules that would put flesh on the bones of the new regime. Dealers have responded by reiterating calls for formal exemptive relief from the rules, saying the political wrangling is wrecking their preparations to comply with an aggressive December 31 deadline.

Regulatory technical standards (RTS) detailing how issuers must p

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