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ARTICLE · 30 SEPTEMBER 2016

PRIIPs: Are You Ready For December?

Mason Hayes & Curran LLP
Mason Hayes & Curran LLP
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Mason Hayes & Curran LLP

Mason Hayes & Curran LLP

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Manufacturers and sellers of packaged retail investment products and insurance-based investment products will need to provide retail investors with a Key Information Document at the end of this year.

IrelandFinance and Banking

Manufacturers and sellers of packaged retail investment products and insurance-based investment products will need to provide retail investors with a Key Information Document at the end of this year.

On 30 June 2016, the European Commission adopted a delegated act supplementing Regulation (EU) No 1286/2014 of the European Parliament and Council (26 November 2014) on key information documents for packaged retail and insurance-based investment products ("PRIIPs") (the "PRIIPs Regulation"). The delegated act introduces regulatory technical standards specifying the content and underlying methodology of the Key Information Document ("KID") that will have to be provided to retail investors when they buy certain investment products from 31 December 2016.

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