Flashnews: PRIIPs Regulation - Update on July 2021


The European Commission launched a Consultation on 15 July 2021 proposing the extension of the exemption period for the UCITS KIID from the PRIIPs regulation until 30 June 2022, instead of 31 December 2021.

This consultation is open until 9 September 2021.

The new timeline proposed by the Commission aims to give the industry more time to be ready for the transition from UCITS KIID(*) to PRIIPs(**) KID(***).

The consultation can be found here.

(*) KIID: UCITS Key Investor Information Document
(**) PRIIPS: Packaged Retail and Insurance-based Investment Products
(***) KID: PRIIPs Key Information Document

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