ESAs published further guidance on the Key Information Document (KID) requirements for Packaged Retail and Insurance-based Investment Products (PRIIPs) laid down in the EC's Delegated Regulation (EU) 2017/653. The guidance promotes common supervisory approaches and practices in the implementation of the KID and consists of additional questions and answers (Q&A) and diagrams explaining the risk and reward calculations required to prepare a KID (including the example calculations).
The additional Q&A supplement those published on July 04, 2017. ESAs will continue to assess whether further guidance is needed, particularly based on additional questions received.
Keywords: Europe, EU, Insurance, Q&A, PRIIP, KID, 2017/653, ESAs
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