European Commission faces resistance over Kids
The Joint Association Committee (JAC) – a representative of the European Securitisation Forum, International Swaps and Derivatives Association, Association for Financial Markets in Europe and Securities Industry and Financial Markets Association – has published its response to the European Commission’s Packaged Retail Investment Products (Prips) proposal, requesting an alteration to both the EC’s approach to the Key Information Document (Kid) and its suggested rules regarding fees.
The response
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