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EU Parliament rejects packaged-investment rules, calls for delay of law

( September 14, 2016, 15:47 GMT | Official Statement) -- MLex Summary: The European Parliament formally rejected a set of rules on packaged retail investments — its first such veto among key financial-services measures — with a resolution saying the disclosure requirements could mislead savers. The assembly called on the European Commission to submit new technical standards, and to consider postponing the law that the measures were intended to help implement.The following is the text of the statement. Click the attachment at bottom for the provisional text of the resolution* as published by the parliament....

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