The EU Commission unveiled the EU Retail Investment
Strategy (RIS) on 24 May 2023. Aimed at bolstering
retail investor engagement in capital markets, the RIS encompasses
a legislative framework crafted to enable retail investors to make
investment decisions that align with their needs while ensuring
their adequate protection within the single market.
To achieve this objective, the EU Commission has introduced a
set of legislative measures, including the
proposedRIS Directive focusing on Union retail
investor protection rules and targeted
amendments to the PRIIPs Regulation.
The proposed RIS Directive not only aligns and amends aspects of
legislative frameworks for investment firms and the insurance
industry but also brings changes to directives such
as MiFID
II, IDD, Solvency II
Directive, UCITS Directive,
and AIFMD, emphasizing inter alia increased
scrutiny and transparency of costs. Concurrently, the proposed
amendments to the PRIIPs Regulation aim to refine
