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Version date: 12 April 2017 - onwards
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Recitals

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs) [OJ L 352, 9.12.2014, p. 1.], and in particular Article 8(5), Article 10(2) and Article 13(5) thereof,

Whereas:

(1)Regulation (EU) No 1286/2014 introduces a new standardised key information document to improve the retail investor's understanding of packaged retail and insurance-based investment products (‘PRIIPs’) and the comparability of those products.

(2) In order to provide retail investors with key information that is easy to read, understand and compare, a common template should be established for the key information document.

(3) The identity and contact details mentioned in Article 8(3)(a) of Regulation (EU) No 1286/2014 should include the International Securities Identifica