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ARTICLE · 25 FEBRUARY 2010

Structured Products Regulatory Developments: An Update On The EU Actions On PRIPs

Morrison Foerster
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In the year since the Lehman failure, we have seen quite a number of regulatory initiatives relating to structured product sales in the EU and in Asia. We are devoting the next few issues of this newsletter to a review of the principal developments affecting the structured products market in the EU.

European UnionFinance and Banking
Peter Green
Peter Green
Jeremy Jennings-Mares
Jeremy Jennings-Mares
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In the year since the Lehman failure, we have seen quite a number of regulatory initiatives relating to structured product sales in the EU and in Asia. We are devoting the next few issues of this newsletter to a review of the principal developments affecting the structured products market in the EU.

Background – The EU Financial Package

The European Commission (the "Commission")'s initiative on packaged retail investment products ("PRIPs"), i.e., retail investment products ("RIPs"), which are packaged and marketed to retail investors, forms part of the "financial package" announced by EU Commissioner Charlie McCreevy in a press conference on 29th April 2009.1 The EU financial package also included:

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