Due to requests from a large number of stakeholders, we are now adding Target Market Data exchange to our capabilities.
The EU Parliament has declared that it does not have any objections on the revised RTS.
The European Supervisory Authorities (EBA, EIOPA and ESMA) released a joint consultation paper on the minimum requirements for manufacturers of Packaged Retail and Insurance-based Investment Products (PRIIPs) with Environmental or Social Objectives (EOS). The ESAs have been requested by the European Commission earlier to provide Technical Advice on the content of the delegated acts concerning the procedures used to determine whether a PRIIP is targeting specific environmental or social objectives.
For this type of PRIIPs, the manufacturers need to demonstrate they have the right governance systems in place to ensure the EOS objectives are met.
Stakeholders have the opportunity to provide feedback until 23 March 2017. ESAs are to submit the Technical Advice to the European Commission by 30 April 2017.