BBA has responded to the Commission consultation on PRIPs. It supports a level playing field for selling and disclosure of PRIPs and thinks MiFID should cover advised and non-advised sales of structured deposits by firms that are subject to MiFID, but does not think MiFID should cover the product itself. It thinks it would be disproportionate to include simpler, non-packaged products like current and savings accounts and plain vanilla equities within MiFID. (Source: British Bankers’ Association Response to the Consultation by Commission Services on legislative steps for the Packaged Retail Investment Products initiative)