Rome

If regulators can keep pace with innovation, such as battery storage, new revenue streams await logistics owners    

Questions around the use of data need to be to the fore for logistics owners and occupiers of facilities of the future

The EU Commission has proposed a "Retail Investment Strategy" in order to enhance retail investor protection rules. The strategy consists of a proposal for a Directive – amending MiFID II, IDD, UCITS, AIFMD and Solvency II – and a proposal for a Regulation – amending PRIIPS Regulation. In summary Goals (i) To strengthen the protection framework for retail investors, (ii) to empower them when taking investment decisions, (iii) to ensure their fair treatment when using investment services in order to achieve better investment performance, and (iv) to improve the efficiency and integration of the internal market across all retail financial services. Entities involved All entities permitted to provide investment services and activities, like SIMs, EU Investment Firms, Italian Banks, EU Banks, Third Country Investment Firms, Third Country Banks, SGRs, SICAVs/SICAFs, EU AIFM, Third Country AIFM, Autonomous Financial Advisors, Financial Advisory Companies, Financial Intermediaries under Article 106 TUB. Next steps The draft Directive and the Regulation require approval by the EU Parliament and Council. Please note that some changes to the proposals may occur during the legislative process.