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Europe Daily Bulletin No. 11628

21 September 2016
Contents Publication in full By article 13 / 29
ECONOMY - FINANCE - BUSINESS / Finance
Sizeable majority in the Council in favour of postponing entry into force of 'Priips' regulation for one year
Brussels, 20/09/2016 (Agence Europe)

Twenty-four member states have called upon the European Commission to present a legislative proposal to postpone until January 2018 the entry into force of the 'Priips' regulation (1286/14) on the pre-contractual information that retail investors must be able to use to compare certain financial products.

"We call on the Commission to consider postponing only the application date of the Priips regulation, thus without any change to any other provision of the level I regulation. In our view,...

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