Two new modules in series 19 Compliance

September 12, 2014

Retail investors are targeted by a variety of investment products. EU lawmakers reached on an agreement for the regulation of packaged retail investment and insurance-based investment (Priips). Priips become effective in year 2016.

The second new module is the Alternative Investment Fund Manager Directive (AIFMD). This EU directive sets up rules for the authorization, operating conditions, and transparency of alternative investment fund managers. AIFMD is effective since July 2013.