Brussels
FISMA.C.4/LB/mp(20212021)786019
Gabriel Bernardino
Chairman of the European
Insurance and Occupational
Pensions Authority
Dear Mr Bernardino,
In her letter dated 20 December 2020 (Ares(2020)7806678), Commissioner McGuinness invited EBA, EIOPA and ESMA to jointly submit draft regulatory technical standards amending regulatory technical standards laid down in Commission Delegated Regulation (EU) 2017/653.
In view of the upcoming meeting of the EIOPA Board of Supervisors of 3 February 2021, I would like to further detail how we see the broader review of the PRIIPs Regulation. This review is a priority for the Commission, and will take place as soon as possible, taking into account the results from the cross-sectoral study on Disclosure, Inducements and Suitability Rules for Retail Investors launched in September 2020 and due by end 2021 [Belgium-Brussels: Disclosure, Inducements and Suitability Rules for Retail Investors Study]. Within this review, the Commission will thoroug
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