Despite calls to address the scope of the new Priips rules on third country products, cost of risk disclosure and Kid distribution, EU regulators will not amend the new regime at this stage
The European Supervisory Authorities (ESAs) have decided not to propose the inclusion of past performance information in the Priips Kid at this stage and will ‘initiate a more comprehensive revision’ of the Priips regulation in 2019, including a consultation on the draft Regulatory Technical Standards (RTS). The decision comes after the recent consultation paper by the regulators found diverging views from ‘numerous stakeholders’ in favour and against including past perf
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