EU Savers Back The Rejection Of The Draft Implementation Rules For The Key Information Document (KID) For Investment Products, But For Different Reasons

Better Finance, the European Federation of Investors and Financial Services Users, supports the proposed resolution by the European Parliament[1] to reject the misleading and overly complex draft implementation rules ("Regulatory Technical Standards" or RTS) of the "PRIIPs" Regulation as designed by the European Supervisory Authorities and approved by the European Commission.