On 15 March 2024, the European Supervisory Authorities (ESAs) published an updated version of their consolidated Q&As on the Packaged Retail and Insurance-based Investment Products (PRIIPs) Key Information Document.

The document combines responses given by the European Commission to questions regarding interpretation of EU law according to Article 16(5) of the ESA Regulations, which are colour coded in blue, and responses generated by the ESAs relating to the practical application or implementation of the PRIIPs Regulation and its Delegated Acts under Article 16b(1) of the ESA Regulations, which are not colour coded.

The following topics in the consolidated Q&As have been updated:

  • ‘What is this product?’ section.
  • Market risk assessment – product categories.
  • Summary risk indicator.
  • Performance scenarios.
  • Past performance.
  • Presentation of costs.