The three European Supervisory Authorities (ESAs) responsible for adopting PRIIPs regulatory technical standards (RTS) into legislation have failed to reach an agreement on the European Commission's proposed amendments to the directive, casting doubt over whether they can meet their February 2017 deadline.
In a letter to the European Commission sent on 22 December signed by Gabriel Bernardino, chair of EIOPA, Andrea Enria, chairperson at the EBA, and Steven Maijoor, chair of ESMA, the ESAs stated they "are...
Proceeds being returned to investors
Uncertainty set to remain
A look at the companies disrupting sectors
Perhaps surprisingly, Europe was the second best-performing regional stockmarket in the world in the first half of 2019.