Following the publication in March 2011 of a joint response (“the Joint Response”) from the UK’s Financial Services Authority (the “FSA”) and HM Treasury to the European Commission’s November 2010 consultation of packaged retail investment products (“PRIPs”) (which closed to responses on 31 January 2011), this DechertOnPoint reviews in more detail the Commission’s proposals, certain related regulatory initiatives and the principal UK responses the Commission has received to its November 2010 consultation on PRIPs to date.