On 8 November 2019, there was published in the Official Journal of the European Union (OJ) a Commission Delegated Regulation (EU) 2019/1866 which amends Article 18 of Delegated Regulation (EU) 2017/653 supplementing the Regulation 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 (the Delegated Regulation 2017/653).
The PRIIPs Regulation has been amended to extend the transitional arrangements referred to in Article 32 thereof until 31 December 2021. In order to enable to PRIIP manufacturers to determine their obligations with certainty, the date set out in the third paragraph of Article 18 of Delegated Regulation 2017/653 is being changed accordingly.
The Delegated Regulation will enter into force on the twentieth day following its publication in the OJ.