2012 Report on the State of Plain Language Implementation in Key Investor Information Documents
A systematic study of Key Investor Information documents (KIIDs) indicates that the usage of plain language appears to fall far short of guidelines.
The study, conducted by the plain language firm More Carrot, examined KIIDs from the 50 largest cross-border fund promoters. The study used a scoring system that was based on the criteria and guidance for plain language and design provided by the European Commission and the European Securities and Markets Authority (ESMA). See report.
Turning Consumer Duty Into A Competitive Advantage
SFDR: Key Findings from the Phase 1 Implementation