The European Supervisory Authorities - Esma, Eiopa and EBA (Esas) issued on Friday (November 8) a consultation paper on targeted amendments to the Delegated Regulation covering the rules for the Key Information Document (Kid) for Packaged Retail and Insurance-based Investment Products (Priips).
The regulators set out in a letter to the European Commission on October 1 st , 2018, their intention to make proposals to support legislative changes to avoid the possibility of duplicating information requirements for investment funds from January 1 st , 2020, and to tackle key issues that have arisen since the implementation of the Kid. The consultation paper addresses, in particular, amendments to the information regarding investment products' performance scenarios. The proposals are made i
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