ESAs refer stakeholders to Commission statement on the application date of new PRIIPs rules
24 June 2022
The ESAs expect National Competent Authorities to take the Statement from the European Commission into account during their supervision of PRIIPs.
The European Supervisory Authorities (ESAs) would like to draw the attention of stakeholders to a Statement by
the European Commission concerning the application date of new rules
for the Key Information Document (KID) for packaged retail and
insurance-based investment products (PRIIPs).
The Statement of the European Commission confirms that it is intended:
- for the rules for the KID in Delegated Regulation 2017/653 to
continue to apply until 31 December 2022, including the ability to use
the Key Investor Information Document (KIID) to provide specific
information about UCITS offered as underlying investment options,
- and for the new rules included in Delegated Regulation 2021/2268 to
amend Delegated Regulation 2017/653 to apply from 1 January 2023.
Statement
ESAs
© ESAs joint committee