PIMFA calls for PRIIPs suspension in regulatory U-turn
Had previously urged EU regulators to go ahead as planned
PIMFA CEO Liz Field
The Personal Investment Management & Financial Advice Association (PIMFA) has reversed its position on the under-fire PRIIPS regulation by calling for its complete suspension until a full review can take place.
Earlier this week, Investment Week reported that European authorities had agreed to delay the extension of the PRIIPs Key Investor Document (KID) requirement to UCITS funds by another two years amid mounting...
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