On February 17, 2016, the Joint Associations Committee on Retail Structured Products (JAC) sent two letters above to the European Authorities. The first letter sought to highlight the four very significant issues relating to the scope of the PRIIPs regulation which remained unclear: scope, territoriality, secondary trading issues and grandfathering and gold plating. The second letter sets out the detailed aspects of the regulation and RTS which the JAC felt required clarification prior to implementation.
Documents (2) for JAC Letters to European Authorities Seeking Clarity on PRIIPs Regulation
Latest
An Important Step Towards Efficient Reporting
Of all the problems that have hindered effective trade reporting in the derivatives market, one of the most difficult to resolve has been duplication. In the EU, both parties to a trade are mandated to submit the same information, while...
The ISDA Notices Hub: One Year On
In times of war, armed forces are often required to mobilize over large distances at short notice. The most dreaded response to the question of how they are to be transported is ‘by LPC’, meaning ‘leather personnel carrier’ – the...
ISDA Response to OSC Call for Feedback
On June 26, ISDA responded to the Ontario Securities Commission’s (OSC) consultation on facilitating access to its regulatory framework and reducing the burden for capital markets participants by publishing a machine-readable dataset of regulatory instruments. ISDA's comments are supportive of...
ISDA Comments on EP's MISP Draft Reports
On July 15, ISDA shared comments with policymakers in the European Union on the European Parliament’s (EP) draft reports by Member of the European Parliament (MEP) Markus Ferber and MEP Eero Heinäluoma on the Market Integration and Supervision Package (MISP)....
