1.0EBFhttps://www.ebf.euJoint industry statement on the EU retail investment strategyrich600338<blockquote class="wp-embedded-content" data-secret="d7a4Mjdu5t"><a href="https://www.ebf.eu/ebf-media-centre/joint-industry-statement-on-the-eu-retail-investment-strategy/">Joint industry statement on the EU retail investment strategy</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.ebf.eu/ebf-media-centre/joint-industry-statement-on-the-eu-retail-investment-strategy/embed/#?secret=d7a4Mjdu5t" width="600" height="338" title="“Joint industry statement on the EU retail investment strategy” — EBF" data-secret="d7a4Mjdu5t" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.ebf.eu/wp-content/uploads/2023/06/logos-statement.png1510662On 24 May 2023, the European Commission unveiled the most extensive reform of the EU legislative framework for retail investment to date. As representatives of the European financial and insurance sector, we (AMICE, EACB, EAPB, EBF, EFAMA, ESBG, EUSIPA, Insurance Europe) are still assessing the full range of impacts and changes put forward in the Retail Investment Strategy (RIS) across multiple pieces of regulation: MiFID II, the Insurance Distribution Directive, the UCITS Directive, the Alternative Investment Fund Managers Directive, the PRIIPs Regulation, and the Solvency II Directive. Ahead of the completion of our full analysis, we wish to already make some high-level remarks and set out our initial reasons for concern about the proposals.