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Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2018 - onwards
Version 3 of 3

Article 2

DRAFT Text amended Article 1 Amendments to Regulation (EU) 1286/2014 of the Proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) No 1286/2014 as regards the modernisation of the key information document (Text with EEA relevance) (COM(2023) 278 final / 2023/0166 (COD)) (updated 7 June 2024 with Note - Mandate for negotiations with the European Parliament: legal text)

1. This Regulation shall apply to PRIIP manufacturers and persons advising on, or selling, PRIIPs.

2. This Regulation shall not apply to the following products:

(a) non-life insurance products as listed in Annex I to Directive 2009/138/EC;

(b) life insurance contracts where the benefits under the contract are payable only on death or in respect of incapacity due to injury, sickness or infirmity;

(c) deposits other than structured deposits as defined in point (43) of Article 4(1) of Directive 2014/65/EU;

(d) securities as referred to in points (b) to (g), (i) and (j) of Article 1(2) of Directive 2003/71/EC;

(e) pension products which, under national law, are recognised as having the primary purpose of providing the investor with an income in retirement and which entitle the investor to certain benefits;