Events listed in Packaged Retail and Insurance-based Investment Products Regulation (PRIIPs Regulation)
2023/0166/COD: Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE ...
ID 23397
A new proposed regulation as regards modifications to the Packaged Retail and Insurance-based Investment Products Regulation (PRIIPs Regulation) to modernize the key information document (KID) was published in the Official Journal (OJ) of the EU. The key objective of the proposed new regulation is to introduce targeted amendments to make the KID more reader-friendly through simplification and removal of unnecessary information, enable the comparison ...
European Commission’s Retail Investment Strategy includes positive elements, ...
ID 23389
EFAMA comments on the EC’s Retail Investment Strategy (Please see EventID 21279 and EventID 21284 in this context) and mentions it having several positive elements the fund industry has long advocated for. These elements include digital-by-default disclosures, the preservation of fee- and commission-based distribution models, and comparable rules for all investment products. These measures aim to provide investors with access to financial advice, improve ...
Questions and answers on the Retail Investment Package
ID 23387
Following the publication of the proposed new „retail investor package“ which consists of two separate pieces of proposed legislation to improve retail investor engagement in the financial market in the EU (please see EventID 21279 and EventID 21284 in this context), the European Commission (EC) has published a corresponding set of questions and answers (Q&As). In brief, both legislations would implement targeted amendments to ...
Retail Investment Strategy: Gesetzentwurf wird den Zielen der EU-Kommission nicht ...
ID 23373
In einer Pressemitteilung äußert sich die DK kritisch zum jüngsten Gesetzesentwurf der Europäischen Kommission für eine Kleinanlegerstrategie (bitte EventID 21279 und EventID 21284 beachten). Der Entwurf zielt darauf ab, das Vertrauen der Kleinanleger in die Kapitalmärkte zu stärken und ihre Investitionen zu fördern – Kernziele der geplanten Kapitalmarktunion. Daniel Quinten, Vorstandsmitglied des BVR für die DK, lobt die Entscheidung der Kommission, von einer ursprüngl ...
AFME responds to Commission Retail Investment Strategy
ID 23370
Jacqueline Mills, the Managing Director of Advocacy at AFME, responded to the EC’s Retail Investment Strategy (Please see EventID 21279 and EventID 21284 in this context), expressing support for policies that benefit both retail investors and the broader wholesale capital markets. AFME emphasizes the importance of carefully considering policy proposals to ensure they **support retail investors and maintain the EU’s competitiveness with other global ...
[JC 2023 22 ] Consolidated Q&As on the PRIIPs Key Information Document
ID 23295
The three ESAs have published a new consolidated version of their Q&As on the PRIIPs KID, to be furnished by manufacturers and distributors of products falling under the PRIIPs Regulation. The document merges the previously published questions and answers into a single document.
UCITS Q&A
ID 22477
The Central Bank of Ireland (CBI) published the 38th Edition of the UCITS Q&A. This edition of the Q&A includes amendments to three Q&As (ID 1107, 1108, 1109) and introduces two new Q&As (ID 1110 and 1111) regarding the PRIIPs filing requirements and the filing requirements for PRIIPs KIDs of UCITS marketed to different types of investors, which read as follows – as quoted: ...
DECRETO LEGISLATIVO 10 marzo 2023, n. 29 : Attuazione della direttiva (UE) ...
ID 22448
Legislative Decree n.29 implementing Directive (EU) 2021/2261, which amends Directive 2009/65/EC with regard to the use of key information documents of UCITS, was published in the Official Journal, Gazzetta ufficiale. It introduces some modifications to legislative decree no. 58 of 24 February 1998 (TUF). In particular, the definition of “KIID“ and “KID“ is added to the document. – The first document, known as KIID, ...
Mise à jour du FAQ AFG sur PRIIPs
ID 22323
The AFG has issued an update to its PRIIPs FAQ with tracked changes. An addendum was made to Point 3.8 regarding formula funds, and four new points were added: 3.9 on maturity funds, 7.9 on what happens if a PMC is unable to perform the installments, 7.10 on private equity funds and the TFAM, and 7.11 on product life for funds without a fixed ...
Corrigendum to Commission Delegated Regulation (EU) 2021/2268 of 6 September 2021 ...
ID 22315
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 ...