Apart from that, the AK also supports raising the standard of professional requirements for mediators. However, the simultaneous revision of several Directives (MiFID, IMD) as well as the PRIPS Initiative (on Packaged Retail Investment Products), which are directly connected as to contents and which contain many cross references in the Commission documents make the evaluation of individual issues of the present Consultation more difficult. Given the fact that the MiFID is also being revised, the so-called “benchmark role” of MiFID for the revision of the IMD, which has been named in the discussion, is not quite clear in our opinion. <br /><br />