During the April plenary session in Strasbourg, the European Parliament has voted on several new regulations for the financial services sector. It adopted the Money Market Funds Regulation as well as the revised Prospectus Directive. The parliament also decided not to raise objections to the revised regulatory technical standards (RTS) on the key information document (KID) for the packaged retail and insurance-based investment products (PRIIPs) Regulation. This paves the way for the standards to be officially published in the coming weeks for application as from January 2018. After the publication of official details, market participants will have only a few months left for implementation. Click here to read more about the ready to go PRIIPs KIDs solution offered by Finalyse and Fairmat!
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