We are happy to announce that PRIIPsHub has reached a key milestone, by receiving commitments from more than 100 distributors to use PRIIPsHub as their source of either KID for PRIIPs documents and/or PRIIPs and MiFID II Target Market data.
At the same time we see a strong interest from product issuers and service providers to work together with the utility infrastructure initiative, to facilitate their document and data exchange needs or to extend the value chain of their own document production services.
“We are very happy with the evolution. The challenge the industry is facing requires a strong cooperation from all stakeholders to succeed with the tight deadline of 1st of January set by the commission” says Carsten Mahler, CEO of PRIIPsHub.
Contact Bianca Popa at [email protected] to learn how PRIIPsHub supports product manufacturers, service providers and distributors.
The UK's Financial Conduct Authority (FCA) has published a Policy Statement which relates to the recent developments with the PRIIPs RTS and the feedback received to the Consultation Paper released in July 2016.
The paper contains disclosure rules, which will be applicable from the same date as the PRIIPs regulation.
It also includes a list of products considered to be PRIIPs or non-PRIIPs.
Due to requests from a large number of stakeholders, we are now adding Target Market Data exchange to our capabilities.