Date: 5th October 2016
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Type: In the news
An article from the FT on the ongoing opposition to the PRIIPs KID rules reiterates the industry's growing concerns that the disclosure requirements on costs and charges for investment products generate the opposite result of that aimed by the Regulation. Alongside voices on the professional side, Guillaume Prache - Managing Director at BETTER FINANCE - is quoted on behalf of 'the investor rights group' stating that 'we have repeatedly warned EU policymakers of the risks that the new methodology for calculating transaction costs entails'.
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