08/03/2017 (Agence Europe) – On Wednesday 8 March, the European Commission adopted a new draft on technical standards aiming to enforce the Priips Regulation on requirements for pre-contractual information on retail financial products (see EUROPE 11739). In the Commission’s view, this draft takes account of the European Parliament’s requests after the Parliament rejected the first draft in September 2016. The changes put forward by the Commission concern multi-option products (MOPs), performance scenarios for a retail product, warnings on the complexity/danger of certain financial products, and the treatment of insurance costs. This draft on standards, which needs to receive the approval of the Parliament and Council, does not affect the methodology for assessing credit risk. (MB)