PRIIPS
Retail investment regulations
The Packaged Retail and Insurance-based Investment Products Regulation (PRIIPs) came into force on 1 January 2018.
It aims to increase the transparency and comparability of investment products through the issue of a standardised short-form disclosure document, the PRIIPs Key Information Document (KID).
The regulation is intended to make it easier for retail investors to understand and compare the key features, risk, rewards and costs of different products in scope of PRIIPs through the provision of the KID.
The KID is a free-of-charge pre-contractual, stand-alone document that is to be shared with the investor prior to the conclusion of any transaction.
The regulation applies to PRIIPs products and services purchased by an EEA Resident Retail Investor, regardless of their nationality.
The regulation is applicable worldwide, no matter where a PRIIP is purchased, as long as it is purchased by an EEA Resident Retail Investor.
Industry steps up calls for urgent revisions to 'misleading' KIDs as PRIIPs comes into force
Serious investor detriment
Hargreaves Lansdown scraps US-domiciled ETFs from platform following PRIIPs implementation; Temporarily removes some trusts
Regulation implemented on 1 January
Brexit, vertical integration and solutions-based products: IA survey reveals key talking points for asset managers
Staffing and passporting in post-Brexit world a key concern
AI tool to identify MiFID, PRIIPS and AIFMD overlaps launches
Covering 43 European Union regulations
Groups' surging demand for compliance staff leads to 'mercenary' pay environment
MiFID II due to be implemented in January 2018
FCA confirms PRIIPs product scope
Rules implemented in January 2018
Asset managers delay tech investment on regulatory uncertainty
Will accelerate when clarity emerges
EFAMA proposes digital passport for pan-European fund access
Also criticises recent share class rulings
European Commission proposes new 'stress scenario' for PRIIPs products
Original proposals would lead to over optimistic outcomes
A new year, but same PRIIPs problems
A look at the European Commission's changes
PRIIPs rules under fresh attack as ESAs rebuff performance methodology amendments
Concerns about 'moderate' scenario
Interest rate policy, Brexit 'carnage' and Poisson d'Avril: Investment Week's most read articles of 2016
Web stories with the highest clicks
Industry hails 12-month PRIIPs delay as 'victory for common sense'
1 January 2018 implementation date
PRIIPs delay: Breaking down the Commission's announcement
Implementation now 1 January 2018
European Commission confirms one-year delay to PRIIPs implementation
Revised RTS due for H1 2017
'Door closed' on PRIIPs transaction cost redraft as delay debate looms
Despite protests from industry
Sorry saga: PRIIPs fiasco runs right to the wire
Next key debate postponed until 9 November
Update: European Commission brings forward PRIIPs delay debate to 9 November
Previously 22 November
Looking backwards or forwards? How performance data issues derailed PRIIPs regulation
Tim Mortimer, managing director at Future Value Consultants, explains how the requirement for asset managers to display future performance simulations on their fund literature under PRIIPs regulations has created problems.
23 EU member states back one-year delay to PRIIPs implementation
Allow time for clarifications
Industry urges delay to PRIIPs deadline following European Parliament rejection
Providers could require more time
