Prospectus Directive (PD)
Structured products' unseen enemy
Relentless focus on Priips compliance leaves industry vulnerable to hidden threats
Esma rows back on Prospectus Directive proposals
Provisions on documentation eased but industry says more work needed on advertising rules
Prospectus Directive consultation: ‘Comprehensibility’ concerns top the agenda
Prospectuses for retail structured products should not be ‘legalistic’ or ‘overly mathematical’, says the UK Listings Authority, but can include payout formulae presented algebraically and examples to explain complex securities. It is perhaps no wonder…
Esma dismisses Prospectus Directive criticism
Issuers say investors will not benefit from amendments to the EC's Prospectus Directive, but Esma maintains the new requirements serve a purpose
Time running out to comply with the Prospectus Directive
Issuers of structured products may not have enough time to rewrite their programmes before the grandfathering provision of the Prospectus Directive runs out, say lawyers
Fears that Prospectus Directive update will curb structured product innovation
A change in the requirement for the final terms of a prospectus could restrict innovation in structured products, say market participants
Update: EC publishes Prips regulation
As Europe's structured products professionals await the publication of the final version of the European Commission's Packaged Retail Investment Products regulation, the debate about what it should and should not include still rages
Update: EC Prips Regulation due for publication on July 3; latest draft shifts burden further towards structured product creators
Europe's laws on the key information document (Kid) and packaged retail investment products (Prips) are scheduled for implementation on July 3. The latest draft suggests more onerous responsibility for product providers