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Image header Agence Europe
Europe Daily Bulletin No. 10877
Contents Publication in full By article 18 / 25
ECONOMY - FINANCE / (ae) banking

Council PRIPs agreement

Brussels, 28/06/2013 (Agence Europe) - Member states' representatives to the EU (Coreper) reached agreement in principle on Wednesday 26 June on the draft PRIPs regulation on pre-contractual information to be provided to retail consumers about financial products (see EUROPE 10647).

The regulation introduces a reader-friendly information document to be used throughout the EU to give consumers clear information about a financial product (type, aims, inherent risks and potential benefits) and...