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EU risk ratings for structured products divide issuers

Banks squabble with insurers over which proposed methodology best fits the wide variety of investments captured by impending EU regulation

Banks and insurers at odds over risk ratings
Banks and insurers clash over ratings methodologies

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

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