We welcome yesterday's vote by the European Parliament plenary, formally adopting the trilogue agreement on the Commission's initiative to remove cross-border barriers to the distribution of investment funds.
This marks a decisive recognition of the need to postpone the application of the PRIIPs disclosure regime for UCITS by two years, in light of the regime's documented shortcomings. It also allows the European Commission more time to conduct a thorough review of the same within one year.
The 27th edition of EFAMA's Investment Management Forum will be held on 18-19 November 2021. Due to the uncertainty regarding the evolution of the pandemic and related travel restrictions, the event will be held virtually.
This year's programme will cover highly topical issues, including sustainability reporting standards, advice and inducements, alternative fund regulations and supervision of investment management firms in Europe. The event will also feature a panel discussion among top notch CEOs, as well as a keynote address by European Commissioner Mairead McGuinness. A detailed programme of the event will be available soon.