This consultation paper provides stakeholders with an opportunity to comment on proposed amendments to the PRIIPs Delegated Regulation.
These amendments relate to the empowerment in Article 8(5) of the PRIIPs Regulation concerning the presentation and content of the KID, including methodologies for the calculation and presentation of risks, rewards and costs within the document.
Section 4 of the consultation paper discusses changes to the presentation of performance information which are part of a parallel consumer testing exercise being conducted by the European Commission with the involvement of the ESAs.
Sections 5 to 10 discuss the nature of the proposed amendments to each of the topic areas in turn as follows:
•Section 5 presents proposals to change the methodology for performance scenarios, including some evidence to support the approach;
•Section 6 discusses a possible alternative to present illustrative performance scenarios;
…