Editor’s Letter – Issue 127

October 2017

HAMLIN LOVELL

The inaugural ESMA conference, held in Paris in October 2017, touched on a wide range of interconnected regulatory topics. There is much to play for if regulations are to attain their aims. The fact that 10 trillion Euros are sitting in deposit accounts paying sub-zero interest rates is viewed as a lost opportunity by ESMA’s Chairman, Steven Maijoor. This is partly because, after years of various initiatives (simplified prospectuses, KIIDs and now PRIIPS), fund literature is not intelligible...

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