PRIIPS

The statutory provisions of the PRIIPs KID contain serious shortcomings. The EU clearly needs to make changes.

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Since 2018, investors in the EU have been provided with a basic information sheet with the most important features, such as the costs and risks of an investment, before buying a packaged investment instrument (including funds, life insurance and certificates). However, as an exception funds may use the established 'key investor information (KID)' until the end of 2021. BVI has argued strongly for this exception.

The reason is the blatant shortcomings in the PRIIPs KID, especially in the requirements concerning costs and performance. The EU clearly needs to make changes. We do not want to use the PRIIPs KID until the shortcomings have been remedied.

News

Viewpoint

11/9/2019

Federal Ministry of Finance addresses...

The MiFID II and PRIIPs debate has finally moved on. The German government has acted on the financial sector’s main criticisms and is now calling upon...

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PRIIPs EN

4/12/2018

PRIIPs: Important steps achieved for...

The German Investment Funds Association BVI considers that the proposals of the European Parliament’s Committee on Economic and Monetary Affairs...

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PRIIPs EN

12/11/2018

ESA proposals do not address PRIIPs...

On 8 November the European supervisory authorities (ESAs) published a consultation paper containing proposals to improve the requirements for PRIIPs...

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Positions

PRIIPs

6/12/2018

BVI’s response to the Joint Consultation Paper concerning amendments to the PRIIPs KID from 8 November 2018 (JC 2018 60)

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PRIIPs

27/9/2018

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

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PRIIPs

24/9/2018

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

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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

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PRIIPs

23/3/2017

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

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PRIIPs

26/1/2016

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

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BVI's positions from A-Z

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