European Commission’s Consumer testing study on the PRIIPs KID

European Commission published a Consumer testing study on retail investors’ preferred option regarding performance scenarios and past performance information within the PRIIPs Key information document. More information about the consumer test and the results can be found here. Final Report Executive Summary

The Financial Data Exchange Templates (FinDatEx) has published the European MiFID Template Version 3.0 (EMT V3). Find the template at https://www.findatex.eu More details are available here. FinDatEx recommends that companies swith over to EMT V3 gradually. Firms may move to Version 3 from 1 January 2020, and the final deadline for implementation is 10 December […]

The European Supervisory Authorities (ESAs) published a Consultation Paper on amendments to the Key Information Document (KID) for Packaged Retail and Insurance-based Investment Products (PRIIPs). Read more and find the response form here. The deadline for sending comments is 13 January 2020.

By Anthony Miranti, FundConnect’s Head Of Business Development   The European MiFID Template (EMT) has been a successful industry endeavor within the sphere of data standardization and is once again evolving to take account of the operational and business experience that has been garnered since its inception. While the EMT V.1 is still in use […]

ESMA updated questions and answers on MiFID II and MiFIR investor protection and intermediaries topics. ESMA added 8 Q&As including new information on costs & charges and best execution. Read the Q&As here.