On 30 June 2020, European Supervisory Authorities published the Draft Final Report following consultation on draft regulatory technical standards to amend the PRIIPs KID - Concerning amendments to Commission Delegated Regulation (EU) 2017/653 of 8 March 2017 on key information documents (KID) for packaged retail and insurance-based investment products (PRIIPs) (JC 2020 66) to amend the PRIIPs RTS.
The condensed text below shows the proposed amendments from the JC 2020 66 for affected provisions only.
Provisions amended
- Article 1 General information section
- Article 2 'What is this product?' section
- Article 5 'What are the costs?' section
- Article 8 'Other relevant information' section
- Article 10 PRIIPs offering a range of options for investment
- Article 11 'What is this product' section in the generic key information document
- Article 12 'What are the risks and what could I get in return?' section in the generic key information document
- Article 15 Review
- Annex II Methodology for the pres