PRIIPs: Packaged Retail, Insurance-Based Investment Products

The new Packaged Retail and Insurance-Based Investment Products (PRIIPs) Regulation (No 1286/2014) introduces a new framework for manufacturers, distributors, and financial intermediaries who issue and sell PRIIPs to Retail Client investors. This operational compliance training provides a strong and comprehensive understanding of the new PRIIPs framework and regulatory requirements. It expertly blends legal, financial, operational and strategic insight into the PRIIPs framework. It clarifies requirements for PRIIPs operational compliance, and instructs on populating individual Key Information Documents (KIDs) for different financial product lines through the analysis of newly designed KID product templates. The project reviews areas of hot debate (e.g. fund past performance information and insurance product categorisation and calculation of transaction costs), that have recently led to the European Parliament's rejection of draft legislation.