On Thursday 8 November, the three European financial supervisory authorities (ESAs) published proposed amendments to the delegated regulation on the key information document (KID) for packaged retail and insurance-based investment products (PRIIPs).
The aim is to reconcile the requirements of the 'PRIIPS' and 'UCITS' (Undertakings for the Collective Investment of Transferable Securities) regulations for harmonised investment funds.
In their document, which is submitted for consultation...