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Extension of PRIIPs Exemption for UCITS


Extension of PRIIPs Exemption for UCITS PDF | 0.39 MB

The Packaged Retail and Insurance-based Investment Products (“PRIIPs”) Regulation requires that all PRIIPs be accompanied by a key information document (“KID”). UCITS come within the definition of PRIIPs for the purposes of the regulation, but are subject to a transitional arrangement whereby management companies, investment companies and persons advising on, or selling, units of UCITS and non-UCITS are exempt from the requirement to provide retail investors with a key KID. Read More >