European Supervisory Authorities respond to European Commission on amendments to PRIIPs rules

ESMA Guidelines and Recommendations

Date: 19 January 2017

On 23 December 2016, the European Supervisory Authorities (ESAs) published their response to the European Commission on the amendments the Commission proposes to make to the draft regulatory technical standards (RTS) on key information documents (KIDs) for packaged retail and insurance-based investment products (PRIIPS).

The ESAs - the European Banking Authority (EBA), European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA) - received a letter  from the European Commission setting out the amendments it proposes to make, accompanied by draft amended RTS in November 2016.