1. PRIIP manufacturers shall use the format below for the presentation of the SRI in the key information document. The relevant number shall be highlighted as shown depending on the SRI for the PRIIP.
Completion guidance with regard to the SRI
2. The narrative explanation after the SRI shall briefly explain the purpose of the SRI and the underlying risks.
3. Immediately below the SRI, the time frame of the recommended holding period shall be indicated. In addition, a warning shall be included directly below the SRI in the following cases:
(a) where the risk of the PRIIP is considered to be significantly higher if the holding period is different;
(b) where a PRIIP is considered to have a materially relevant liquidity risk or to be illiquid, whether this is contractual in nature or not.
4. As applicable for each PRIIP, the narrative explanation shall include:
(a) a warning in bold font where: