Structured Products Europe: Prips scope could be extended, says EC official
European legislators are discussing the EC’s proposals on packaged retail investment products – and some believe the scope of the regulation should be extended
New European regulations on packaged retail investment products (Prips) should be agreed by legislators by the third quarter of next year, according to Tim Shakesby, seconded national expert, internal market and services, at the European Commission (EC). But a number of issues need to be resolved first – including the exact scope of the regulation.
Speaking at the Structured Products Europe conference in London this morning, Shakesby said there was broad consensus among legislators on the Prips
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