The Joint Committee of the European Supervisory Authorities (ESAs) has published final draft regulatory technical standards (RTS) on key information documents for packaged retail and insurance based investment products (PRIIPs).

The draft RTS relate to three Articles under the PRIIPs Regulation:

• the presentation and content of the key information document (KID), including methodologies for the calculation and presentation of risks, rewards and costs within the document, under Article 8(5);
• the review, revision and republication of KIDs under Article 10(2); and
• the conditions for fulfilling the requirement to provide the KID in good time, under Article 13(5).

The draft RTS have been submitted to the European Commission for endorsement and will enter into force on 31 December 2016.

View Joint Committee of ESAs final RTS on key information documents for PRIIPs, 7 April 2016