The Joint Associations Committee (JAC) on retail products of AFME, ICMA, FOA and ISDA has responded to the Commission’s papers on PRIPs, the MiFID Review and the Insurance Mediation Directive (IMD) Review. They raise specific comments on each consultation but the major concern is the consultation periods are too short, especially given that the same organisations and sometimes the same individuals within them will be responding to all consultations. This risks insufficient consideration being given to key proposals. In relation to PRIPs, the JAC supports the Commission’s aim and agrees a “one-size-fits-all” approach cannot work. It says it is critical for the new regime to recognise product and distribution channel diversity. On the MiFID Review, it comments on the proposals on investor protection and concentrates on the position of producers of retail structured products. It gives detail on good practice for distributors and on the Key Investor Information Document (KIID). (Source: JAC response to current consultations on the Packaged Retail Investment Products Initiative)