Private Bank Briefing: Issues Impacting the Private Bank Sector - December 2019

Latham & Watkins LLP
Contact

Since it entered into force in 2018, the PRIIPs Regulation has raised a number of issues. These range from issues concerning the scope of the Regulation, in particular its application to corporate bonds and the impact this has had on the corporate bond market, to issues concerning the calculation methodologies and presentation requirements for the Key Information Document (KID).

The European Supervisory Authorities (ESAs) are now taking further steps to help improve the application and workings of the regime. First, the ESAs are consulting on amendments to the PRIIPs KID. In a consultation paper published on 16 October 2019, the ESAs consider what amendments could be made in relation to the requirements concerning future performance scenarios, transaction costs, and multi-option products in the KID.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Latham & Watkins LLP

Written by:

Latham & Watkins LLP
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Latham & Watkins LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide