The European Commission (EC) will now discuss whether to delay the introduction of controversial PRIIPs regulation on 9 November, despite announcing the debate would take place on the 22 November earlier this month.
The amendment was revealed in the Commission's latest agenda and follows industry-wide controversy over the fact the previous date for the discussion came just over a month ahead of the current 31 December...
'Significant' Brexit transitional deal needed
Rosalyn Breedy, corporate and financial services partner at Wedlake Bell, says UK asset managers should tackle their operating models to develop financial firms fit for the 21st century.
Higher stakes and limited options
Will negotiate for transition period
Sandro Pierri joins as global head of client group