The European Supervisory Authorities (ESAs) have co-published their first set of questions and answers related to the key information document (KID) requirements for Packaged Retail and Insurance-based Investment Products (PRIIPs) laid down in European Commission Delegated Regulation (EU) 2017/653.

The Q&A covers the following topics:

  • market risk assessment;
  • methodology for assessing credit risk;
  • summary risk indicator;
  • performance scenarios;
  • derivatives; and
  • methodology for the calculation of costs.

The Appendix to the Q&A covers standardised transaction costs and includes examples of the calculation.

View Questions and answers (Q&A) on the PRIIPs KID, 4 July 2017