ESA issues Consultation Paper on Amendments to the Existing PRIIPS Regulation

Published 4 November 2019
Category: Financial Regulation

On 16 October 2019 ESA has issued a consultation paper on amendments to existing rules underpinning the Key Information Document (KID) for Packaged Retail and Insurance-based Investment Products (PRIIPs). The consultation paper proposes changes relating to the following topic areas:

  • Illustrations of what the retail investor might receive in return from their investment (performance scenarios);
  • Information on what the costs of the investment are;
  • Specific issues for different types of investment funds; and
  • Specific issues for PRIIPs offering a range of options for investment (so-called “Multi-Option Products”).

Next Step: The deadline for submission of feedback is 13 January 2020.

Find the consultation paper here.

Tags:  Disclosure RequirementsESMAKID / PRIIPS


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