PRIIPS

The EU improves provisions of the information for investors.

©iStock.com/DLMcK

Since 2018, investors in the EU have received a basic information sheet with the most important features, such as the costs and risks of an investment, before purchasing a packaged retail and insurance-based investment product (PRIIPs; this includes funds, capital-forming life insurance policies and certificates). However, retail funds may make an exception to this until the end of 2022. Until then, the established "key investor information" will apply to them.

The UCITS KID will be replaced by the PRIIPs KID on 1 January 2023. So, there will be no coexistence of PRIIPs and UCITS KIDs for a fund with different information.

The BVI supports the comprehensive review of the PRIIPs Regulation planned by the European Commission for the first half of 2022. This should focus on a comprehensive alignment of information for investors with the MiFID II and the Insurance Distribution Directive.

Positions

 

Sustainability

16/12/2021

BVI response to ESAs Call for evidence on the European Commission mandate regarding the PRIIPs Regulation

download

PRIIPs

9/9/2021

BVI’s position on the quick-fix amendments to the PRIIPs and UCITS frameworks

download

PRIIPs

23/12/2019

Response form for the Joint Consultation Paper concerning amendments to the PRIIPs KID

download

PRIIPs

27/9/2018

BVI’s response to the FCA Call for Input “PRIIPs Regulation – initial experiences with the new requirements”

download

PRIIPs

24/9/2018

Adaptation of the calculation methodology for transaction costs under the PRIIPs Regulation: suggestions by BVI and EFAMA

download

PRIIPs

8/5/2018

The exemption from scope of the PRIIPs framework for retail investment funds should be extended by another two years until 31 December 2021

download

PRIIPs

23/3/2017

BVI’s response to the ESA’s consultation on EOS PRIIPs

download

PRIIPs

26/1/2016

BVI’s response to the ESAs’ Joint Consultation Paper on PRIIPs Key Information Documents from 11 November 2015

download

BVI's positions from A-Z

Combined Shape Created with Sketch.