On Friday 8 February, the three European supervisory authorities (ESMA, EBA, EIOPA) published a recommendation not to amend, at this stage, the technical standards detailing the key information document (KID) for retail investment products.
This recommendation was taken in the light of an earlier consultation on possible amendments (see EUROPE 12134) and a “possible decision” by the European Co-legislators to postpone the application of the KID document for UCITS investment funds until...