On 1 June 2021, HM Treasury announced that the current exemption for UCITS funds from the requirements of the Packaged Retail Investment and Insurance-based Products (PRIIPs) Regulation will be extended by five years to 31 December 2026. HM Treasury intends to legislate to extend the exemption. This legislation will be made under a power HM Treasury was granted in the Financial Services Act 2021 to extend the current exemption by five years if required.
HM Treasury to extend PRIIPs exemption for UCITS funds for five years
Posted in Retail, United Kingdom
