Steven Maijoor, chair of pan-European regulator ESMA, has downplayed industry concerns about the 'flawed' methodology for disclosing transaction costs under new PRIIPs rules, adding negative figures "should be extremely rare".
The European Union's Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation, which came into force on 1 January 2018, is aimed at helping retail investors better understand and compare...
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