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ARTICLE · 06 JANUARY 2015

PRIIPS – Key Information Documents For Packaged Products

The Regulation on Key Information Documents for Packaged Retail and Insurance-based investment products is of interest to a range of stakeholders.

United KingdomInsurance

The Regulation on Key Information Documents for Packaged Retail and Insurance-based investment products ("PRIIPs") is of interest to a range of stakeholders, such as fund managers, insurance undertakings, credit institutions, and investment firms, involved in the manufacture or distribution of investment schemes and other packaged products in the retail market. It will change the way that firms present and provide product information to clients.

PRIIPS sets out uniform rules on the format and content of the key information document and on the provision of such documents to retail investors to allow them to understand and compare key features and risks inherent in a PRIIP.

The key areas include:

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