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.
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EFAMA welcomes final agreement on legislation facilitating cross-border distribution of funds
Good-news-for-European-consumers---European-Parliament-backs-the-trilogue-agreement-on-PEPP
For immediate release - 4th April 2019
Good news for European consumers: the European Parliament backs the trilogue agreement on the PEPP
Brussels, 4th April 2019 - EFAMA welcomes the European Parliaments plenary approval of the trilogue agreement on the Pan-European Personal Pension Product (PEPP) Regulation.
EFAMA-welcomes-trilogue-agreement-on-ESFS-review-under-Romanian-EU-Presidency
STATEMENT
EFAMA welcomes the trilogue agreement on theESFS review under the Romanian EU Presidency
Brussels, 2 April 2019 - EFAMA commends the determined efforts deployed by the Romanian Presidency, the European Parliament negotiating team and the European Commission to reach a trilogue agreement on the ESFS review under this mandate.
Two positive points worth highlighting in the ESFS agreement:
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