Prips: the road to legislation - Morrison & Foerster's Peter Green and Jeremy Jennings-Mares provide an update on EC progress as it gears up to issue Prips regs


It has been almost three years since the European Commission's work began in relation to the regulation of packaged retail investment products (Prips)and there is still some way to go before the new legislation is finalised and comes into force.

The EU Commission has conducted extensive consultation in relation to substitute investment products since issuing a call for evidence on the neeed for a coherent approach to product transparency and distribution requirements in October 2007. This led to a communication on Prips in April 2009. A further period of consultation with market participants followed and the Commission is expected to publish an outline of its legislative proposals within the next few months.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Morrison & Foerster LLP | Attorney Advertising

Written by:


Morrison & Foerster LLP on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.