On 21 December 2022, the European Banking Authority (EBA)  published Questions and Answers (Q&As) on the Package Retail Insurance-based Investment Products (PRIIPs) Key Information Document (KID).

The Q&As concern Regulation (EU) No 1286/2014 (the PRIIPs Regulation) and its Delegated Acts. The original delegated rules are found in Commission Delegated Regulation (EU) 2017/653. However, this has been amended, in particular by Commission Delegated Regulation (EU) 2021/2268. The rules in Commission Delegated Regulation (EU) 2021/2268 are, in general, applicable from 1 January 2023.

Following the Q&A publication of 14 November 2022, the document includes Q&As that relate to the amendments introduced in Commission Delegated Regulation (EU) 2021/2268 that are applicable on 1 January 2023. Where a Q&A relates to the amendments in Commission Delegated Regulation (EU) 2021/2268, this is specifically indicated underneath the answer.

Given that some Q&As published since 2017 concerned requirements that were amended by Commission Delegated Regulation (EU) 2021/2268, these Q&As needed to be revised or deleted. These revisions or deletions were published on 21 December 2022 and in these cases it is specifically indicated underneath the answer.