The Joint Committee of the European Supervisory Authorities (ESAs) has identified errors relating to its November 2015 consultation paper on key information documents (KIDs) for packaged retail and insurance based investment products (PRIIPs). The errors relate to two formulas on page 37, specifically paragraphs 27 and 28 of Annex II (Market Risk Measure). The Joint Committee of the ESAs has now published a document that contains the correct formulas.

View Errata PRIIPs consultation paper, 5 January 2016