A Corrigendum to Commission Delegated Regulation (EU) 2021/2268 which provides „Regulatory Technical Standards“ for designing Key Information Documents (KIDs) of Packaged Retail and Insurance-based Investment Products (PRIIPs) was published in the Official Journal (OJ) of the EU. According to the corrigendum, Annex II point 1 pertaining to the methodology for presenting market risk of a PRIIPs, specifically pertaining to the assignment of a PRIIPs to a market risk category based upon its volatility (VaR-equivalent volatility (VEV)), was modified as follows:
Graphic 1 – Correction of the VEV formula
Other Features
AIF
assessment
CMU
disclosure
insurance
marketing
reporting
risk
sales documents
UCITS
Date Published: 2023-03-16
Regulatory Framework: Packaged Retail and Insurance-based Investment Products Regulation (PRIIPs Regulation)
Regulatory Type: information
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