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Version date: 30 June 2020 - onwards

2.3 Scope of the current PRIIPs review

In February 2019, the ESAs set out how they planned to conduct the review and the main areas of the KID that they intended to analyse [See pages 13 and 14 of the February 2019 Final Report.]. It was also stated that:

the ESAs intend to focus their work on the need for amendments to the PRIIPs Delegated Regulation...However, where the information collected and analysis conducted on the application of the KID during the course of this work would indicate that changes to the PRIIPs Level 1 Regulation may be needed in order to achieve the optimal outcomes in relation to the requirements in the PRIIPs Delegated Regulation, the ESAs will consider whether it is relevant to additionally recommend such changes to the co-legislators.

The ESAs did not include specific recommendations for amendments to the PRIIPs Regulation within the consultation paper issued in October 2019. Instead, the ESAs sought feedback from stakeholders on a number of options and issues that could require changes to the PR