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Europe Daily Bulletin No. 11601

27 July 2016
ECONOMY - FINANCE - BUSINESS / (ae) finance
Parliament may object to implementing standards of KID Key information document

Brussels, 26/07/2016 (Agence Europe) - After the summer break, four political groups (EPP, ALDE, ECR and Greens/EFA) at the European Parliament may table a motion to object to the technical standards detailing the content and methodology of the KID key information document which will, from 2017, be provided to consumers wishing to invest in certain retail financial products.

The four political groups, which form a majority at the European Parliament, are taking as their basis a letter dated...