As Priips KIDs rules kick off, UK seeks digital option
The EU Packaged Retail Investment and Insurance Products (Priips) regulation is set to take effect across the EU from January, requiring the production of a paper-based Key Investor Document (KID) for all products sold to European retail investors. The UK, meanwhile, has started to explore a new digital retail disclosure system.
Green light for PRIIPs KID
Goodbye to the UCITS KIID and hello to the PRIIPs KID for UCITS and retail AIFs. The European Parliament approved on Tuesday the legislation introducing the Packaged Retail Investment and Insurance-based Products Key Information Document (PRIIPs KID.