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Debates
Wednesday, 14 September 2016 - Strasbourg Revised edition

Commission Delegated Regulation supplementing Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs) (B8-0974/2016)
MPphoto
 
 

  Cătălin Sorin Ivan (S&D), in writing. ‒ I believe that better information on investment products can really help retail investors and avoid another financial crisis. The Regulation on key information documents for Packaged Retail and Insurance-based Investment Products (PRIIPs) introduced a key information document or KID which is a simple document giving key facts to investors in a clear, comparable and understandable manner, covering not only collective investment schemes but also other investment products offered by banks or insurance companies. In the current environment, I believe that we should do everything possible to reach an agreement on rules for the information of non-professional investors. I believe in openness and transparency. The regulation should enter into force with an improved content on 1 January 2017 as it was planned.

 
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