Author: Karen Cooper

European Parliament agrees its negotiating positions on Retail Investment Strategy

On 20 March 2024, the European Parliament’s ECON Committee approved compromise amendments to the Commission’s Retail Investment Strategy (RIS) package which includes impactful changes to MiFID II, AIFMD, UCITS, Solvency II, the Insurance Distribution Directive and the PRIIPs Regulation. The Parliament’s position will now need to be voted in by the Parliament’s Plenary and will represent the Parliament’s negotiating position for upcoming trilogues (although the Council’s negotiating position is yet to be agreed).  Read our note for a summary.