Industry bodies representing the UK and EU asset management industry are at odds over whether the planned extension of troubled PRIIPs regulations to cover a wider range of strategies including UCITS vehicles from 31 December 2019 should go ahead, while the European Commission (EC) has clashed with top EU regulators over the plan.
The Packaged Retail and Insurance-based Investment Products regulation (PRIIPs), which came into force in January and currently encompasses many retail investment products excluding UCITS funds and non-UCITS...
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