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Financial services

A package of legislative measures intended to improve consumer confidence in retail financial services has been presented by the European Commission. The package comprises three proposals: COM(2012) 352 - a draft Regulation on key information documents (KIDs) for packaged retail investment products (PRIPS); COM(2012) 360 - a draft revision of the Insurance Mediation Directive (IMD); and COM(2012) 350 - draft Directive ‘amending Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions’.

Press Releases IP/12/736, MEMO/12/516, MEMO/12/514, MEMO/12/515

COM(2012) 352

COM(2012) 350

COM(2012) 360

(Added 2012-07-14)