EFAMA published it's comments on the Commission's call for evidence on the need for a coherent approach to product transparency and distribution requirements for "substitute" retail investment products.
EFAMA supports the Commission’s initiative to put an end to the “current regulatory patchwork governing product disclosure and intermediary regulation” and to follow the way agreed at the 8 May 2007 ECOFIN Council “to review the consistency of EU legislation regarding the different types of retail investment products (…) so as to ensure a coherent approach to investor protection and to avoid any misselling possibilities.”
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© EFAMA - European Fund and Asset Management Association
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