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European supervisory authorities presented drafts of new technical standards

On 11 November 2015, the Joint Committee of the European Supervisory Authorities EBA, EIOPA and ESMA pre­sen­ted drafts of several technical standards. The Joint Committe pre­sen­ted the draft regulatory technical standards relating to key information documents for packaged retail and insurance-based investment products (PRIIPs) for the purpose of public consultation. The drafts of the implementing technical standards with regard to the allo­ca­tion of credit assessments of external credit rating agencies to the scale of credit quality steps under CRD IV and Solvency II are final. They were submitted to the European Commission for approval.

Note: This newsletter is only available in German language.