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ARTICLE · 09 DECEMBER 2022

PRIIPs KID For UCITS – Are You Prepared?

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UCITS made available to retail investors in the EU need to provide a Packaged Retail Insurance-Based Investment Products Key Information Document (PRIIPs KID) as of January 1, 2023.

MaltaFinance and Banking
Lianne Zahra
Lianne Zahra
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UCITS made available to retail investors in the EU need to provide a Packaged Retail Insurance-Based Investment Products Key Information Document (PRIIPs KID) as of January 1, 2023. This requirement previously applied only to Alternative Investment Funds however, the exemption for UCITS shall be removed by end of year 2022.

A PRIIPs KID is a short pre-sale disclosure aimed at providing retail investors with the information necessary to make an informed investment decision. The Packaged Retail Investment and Insurance Products (PRIIPs) regulation requires a Key Investor Document (KID) when financial products are sold to retail investors with the aim of providing information which is essential and standardised.

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