The Joint Committee of the European Supervisory Authorities (the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority) has published a Technical Discussion Paper on risk, performance scenarios and cost disclosures for key information documents for packaged retail and insurance-based investment products (PRIIPs).
The deadline for comments on the Discussion Paper is 17 August 2015.
A final Consultation Paper setting out draft regulatory technical standards under Article 8 of the PRIIPs Regulation is expected this autumn. A separate Consultation Paper on Articles 10 and 13 of the PRIIPs Regulation will also be published. The draft RTS on Article 8 will then be finalised and submitted to the European Commission by 31 March 2016.
View Joint Committee launches discussion on PRIIPs key information documents, 23 June 2015