EU PACKAGED RETAIL INVESTMENT INFORMATION RULE PROPOSED
July 1st, 2012
BY KEITH NUTHALL
THE EUROPEAN Commission has proposed a European Union (EU) regulation that would insist packaged retail investment products are all issued with a 'key information document' (or KID) to inform consumers and their financial representatives It would outline the product's main features, plus associated risks and costs, with "information on risks will be as straight-forward and comparable as possible..."
ENDS
THE EUROPEAN Commission has proposed a European Union (EU) regulation that would insist packaged retail investment products are all issued with a 'key information document' (or KID) to inform consumers and their financial representatives It would outline the product's main features, plus associated risks and costs, with "information on risks will be as straight-forward and comparable as possible..."
ENDS
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