On Friday 28 July, the three European supervisory authorities (ESAs: EBA, EIOPA and ESMA) issued technical advice for the European Commission on the minimum requirements with which providers of retail investment products (Priips) with environmental or social objectives must comply.
According to the ESA, the providers of the Priips in question must ensure that the product's objectives are constantly complied with. More specifically, the supplier should: - clearly specify the product's...