The European Parliament has adopted formally the European Commission's proposed ‘quick fixes’ to amend both the Ucits directive and Priips regulation.
The vote yesterday gives the green light to the revised Level 2 measures to all Packaged retail investments and insurance-based products key investor document (Priips KIDs) from 1 July 2022. This will require all in-scope Undertakings for Collective Investment in Transferable Securities (Ucits) management companies to provide EEA retail investors with a Priips KID from the same date onwards, a task which should not be underestimated given the significant differences between the Priips KID and t
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