The Joint Committee of the European Supervisory Authorities has published updated Q&As on the key information document (KID) requirements for packaged retail and insurance-based investment products as laid down in Commission Delegated Regulation (EU) 2017/653. The updated document includes new Q&As on the following:
- market risk assessment;
- performance scenarios;
- derivatives;
- multi-option products.
The section on general topics has also been updated covering the following questions:
- Is a KID always required when an investment product is listed on a regulated market?
- The Delegated Regulation uses terms “biometric risk premium” and “insurance premium”. Do these terms have the same meaning?
View Joint Committee of ESAs updates Q&A on PRIIPs KID, 20 November 2017