The EEA and UK regimes on key information documents for packaged retail and insurance-based investment products (PRIIPs) provide for a key information document (or ‘KID’). The KID was intended as a short, simple document giving key facts to retail investors in a clear and understandable manner for, among other things, debt securities falling within the scope of the regimes. (Following the UK’s withdrawal from the EU, the EEA PRIIPs Regulation initially forms part of UK law by virtue of the European Union (Withdrawal) Act 2018.)
Related materials:
General
Consolidated ICMA Quarterly Report articles on PRIIPs up to 2017Q1 are available here. See also subsequent coverage (often combined with MiFID II product governance) on the MiFID II/R in primary markets webpage.
ICMA also supported various documents published by the Joint Associations Committee on Retail Structured Products (“JAC”), which are listed on the Retail Structured Products webpage.
7 March 2023
ICMA response to FCA Discussion Paper - Future Disclosure Framework (DP22/6)
3 March 2023
ICMA response to UK Treasury consultation on PRIIPs and UK Retail Disclosure
12 July 2022
ICMA Quarterly Report article on the ESAs’ advice on the PRIIPs review
6 April 2022
ICMA Quarterly Report article on ICMA response to the ESAs’ Call for evidence on the European Commission mandate regarding the PRIIPs Regulation
16 December 2021
ICMA response to the ESAs’ Call for evidence on the European Commission mandate regarding the PRIIPs Regulation
1 October 2021
ICMA podcast: Primary bond markets regulation post-Brexit - what’s the UK planning? (PRIIPs/retail aspects at 7:40-12:23)
30 September 2021
ICMA response to UK FCA Consultation Paper CP21/23: PRIIPs - Proposed scope rules and amendments to Regulatory Technical Standards
3 August 2021
ICMA response to EC consultation on a retail investment strategy for Europe (including aspects relating to the EU’s prospectus regime, PRIIPs regime and MiFID product governance, client categorisation and inducement regimes)
13 January 2020
Content (primary market aspects) of ICMA response to the ESAs’ 16 October 2019 Joint Consultation Paper concerning amendments to the PRIIPs KID (See distinct buy-side aspects on ICMA’s AMIC response)
26 September 2019
ICMA response to Ministry of Finance National Capital Markets Strategy consultation
6 December 2018
ICMA response to ESA’s Joint Consultation Paper concerning amendments to the PRIIPs KID
28 September 2018
ICMA response to FCA Call for Input: PRIIPs Regulation – initial experiences with the new requirements
17 August 2015
ICMA response to the ESAs’ Discussion Paper JC/DP/2014/02 on Key Information Documents for Packaged Retail and Insurance-based Investment Products (PRIIPs)