09/11/2016 (Agence Europe) – Despite its own preferences, the European Commission on Wednesday 9 November proposed to postpone by one year – from January 2017 to January 2018 – the entry into force of the 'Priips' regulation (1286/14) on the pre-contractual information that retail investors may use to compare certain financial products (see EUROP 11663). The commissioner for financial services, Valdis Dombrovskis, said that this extra time will be limited to just one year, going on to express satisfaction at the fact that the European Parliament and the Council have agreed that the rules will not need to be revisited. This postponement, which brings the entry into force of the 'Priips' regulation into line with that of the revised 'MiFID II' directive governing the financial markets, will allow the European legislator to finalise the implementation measures detailing the key information document (KID) aiming to allow consumers to make enlightened investment decisions, the first version of which was rejected by the European Parliament. (MB)