The European Parliament and the Greek Presidency (on behalf of the Council) are divided on the type of retail investment products (PRIPs) that will be accompanied by an information document. Insurance products in particular seem to be throwing a spanner in the works and this issue was on the agenda of the meeting, on 18 February, dedicated to the draft regulation, which aims to make sure small investors are better protected.
Proposed by the European Commission in July 2012, this…