Summary
The European Parliament approves new technical standards for key information documents used in retail investment and insurance products. These rules ensure investors receive clearer, more consistent information about risks and costs. 10 04.04.2017
Other
finance
economy
Key points
In force from 01/01/2018
- Standardized rules for presenting essential information in key documents for retail investment and insurance products.
- Introduction of a new stress scenario to show how products might perform under extreme market conditions.
- Simplified documentation requirements for certain types of investment funds within multi-option products.
- Enhanced transparency regarding the administrative costs associated with insurance-based investment components.
Documents (PDFs)
RECOMMENDATION FOR A DECISION to raise no objections to the Commission delegated regulation of 8 March 2017 supplementing Regulation (EU) No 1286/2014 of the European Parliament and of the Council on key information documents for packaged retail and insurance-based investment products (PRIIPs) by laying down regulatory technical standards with regard to the presentation, content, review and revision of key information documents and the conditions for fulfilling the requirement to provide such documents
Non-objection to a delegated act: Key information documents for packaged retail and insurance-based investment products
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