New German Reg Prompts PIB Data Products

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Raimund Kaufman, account manager, SIX Telekurs

SIX Telekurs and Interactive Data are stepping up their rollouts of new data services that provide information on financial products to investors, both of which were launched this summer in response to new German regulations requiring firms to provide supporting information packs—dubbed Produktinformationsblätter, or PIBs—on investment products.

Under the German Investor Protection Improvement Act (AnSVG), which came into force in July 2011 after being passed by the country’s Federal Ministry of

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