New year, new PRIIPs

As is now well known, documented and discussed, the adoption of the PRIIPs European wide regulation was severely derailed in 2016. What was supposed to be the final RTS was published in April 2016 ...

Why PRIIPs got derailed over past performance versus simulations

In September 2016 the European Parliament (EP) dramatically rejected the technical standards of the Key Investor document (KID) laid down by the European Commission (EC). This was the cornerstone of the PRIIPs regulation ...

PRIIPS - what happens now?

It has been a week since the Economic Committee of the European Parliament rejected the Level 2 RTS for the proposed PRIIPS regulation on investor protection and definition of the Key Investor Documents ...

The implications of Brexit for structured products

As we all digest the shock result of the UK decision to leave the EU on June 23rd I would like to offer some perspectives of the impact of this event on investments in general and structured products in particular ...