Retail

In this latest episode of our podcast series, Let’s talk asset management, Frank Herring and Simon Lovegrove continue their discussion on the EU Retail Investment Strategy and focus this time on ESMA’s and EIOPA’s recent letter which included comments on the value for money proposal.

Listen to the podcast here.

On 13 November 2024, the European Securities and Markets Authority (ESMA) published a letter that it had produced with the European Insurance and Occupational Pensions Authority (EIOPA) to various EU institutions regarding the Retail Investment Strategy (RIS).

In the letter ESMA / EIOPA note that RIS negotiations took place

On 28 June 2024, the European Banking Authority (EBA) updated its guidelines on arrears and foreclosures.

The update follows changes to the Mortgage Credit Directive (MCD).

The EBA originally issued the guidelines in 2015 to support the transposition of Article 28 of the MCD which deals with arrears and foreclosure. The

On 24 May 2023, the European Commission published its Retail Investment Strategy (RIS), a legislative package intended to empower retail investors to take more informed investment decisions that would better correspond to their investment needs and objectives.

The RIS comprises of a Directive as regards the EU retail investor protection rules. This Omnibus

On 26 March 2024, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) published a report on the proposed Regulation amending Regulation (EU) No 1286/2014 as regards the modernisation of the key information document. The report sets out a draft European Parliament legislative resolution which makes amendments to the proposed Regulation.

On 15 March 2024, the European Supervisory Authorities (ESAs) published an updated version of their consolidated Q&As on the Packaged Retail and Insurance-based Investment Products (PRIIPs) Key Information Document.

The document combines responses given by the European Commission to questions regarding interpretation of EU law according to Article 16(5) of the

On 22 January 2024, there was published in the Official Journal of the EU, Commission Delegated Regulation (EU) 2024/358 of 29 September 2023 supplementing the EU Crowdfunding Regulation with regard to regulatory technical standards (RTS) specifying requirements on credit scoring of crowdfunding projects, pricing of crowdfunding offers, and risk management policies and procedures.

On 14 December 2023, the European Securities and Markets Authority (ESMA) issued a Discussion Paper on MiFID II investor protection topics linked to digitalisation.

The Discussion Paper discusses the main trends in digitalisation that are linked to the MiFID II investor protection topics. MiFID II aims at being technology neutral. This means that

On 5 December 2023, the European Supervisory Authorities updated their consolidated questions and answers on the PRIIPs key information document.

These sections of the Q&As have been updated with answers to the following questions:

  • If a product, linked to a single ISIN code, is available in both the single and recurring premium