Packaged Retail and Insurance-based Investment Products (PRIIPs)

Copyright © 2024 LexisNexis

This Overview is a guide to the Financial Services content on Packaged Retail and Insurance-based Investment Products (PRIIPs), with links to appropriate materials.

PRIIPs Regulation

In July 2012, the European Commission published legislative proposals aimed at improving the comprehensibility and comparability of PRIIPs, ensuring specified key information about PRIIPs is provided to retail investors in the EU in a standardised form before they invest. Regulation (EU) 1286/2014 on key information documents for packaged retail and insurance-based investment products (the PRIIPs Regulation), along with related Commission delegated regulations, are intended to help retail investors compare different types of PRIIPs and understand if the PRIIP is appropriate.

PRIIPs are defined in the PRIIPs Regulation and cover a range of investment products (which can take different legal forms) that are marketed to retail investors. Broadly, they can be categorised into four groups:

  1. •

    investment funds

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Existing user? Sign-in TAKE A FREE TRIAL
Powered by Lexis+®
Latest Financial Services News

EBA consults on criteria for CASPs to appoint central contact points for AML/CFT compliance

The European Banking Authority (EBA) has published a consultation paper on draft Regulatory Technical Standards (RTS) that specify criteria for cryptoasset service providers (CASPs) to appoint a central contact point to ensure compliance with anti-money launderin g and countering the financing of terrorism (AML/CFT) obligations in host Member States. The EBA will hold a virtual public hearing on the consultation paper on 16 January 2025. Responses are sought by 4 February 2025.

FCA publishes short selling update

The Financial Conduct Authority (FCA) has issued an update on its ‘Notification and disclosure of net short positions’ webpage. The FCA is currently undertaking its biannual review of the UK List of Exempted Shares, which is set out in Article 16(2) of the UK Short Selling Regulations. The updated list will be uploaded to the FCA’s website on 1 January 2025 and will apply to all positions from that date. Whilst the FCA is conducting this review, the FCA’s current UK List of Exempted Shares will remain valid and will apply to all positions up to and including the 31 December 2024.

Financial Services weekly highlights—5 December 2024

This week's edition of Financial Services weekly highlights includes: FCA’s consultation on enforcement transparency proposals, information on BoE’s first system-wide stress test, EIOPA’s second round of consultations on Solvency II review implementation, plus dates for your diary over the coming week.

Financial Services—other developments (5/12/2024)

A round-up of other developments, which have not been covered in full by the LexisNexis Financial Services practical guidance team but may nevertheless be of interest.

View Financial Services by content type :  
News
Practice notes
Precedents
Q&As

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Financial clean break orders in family proceedings

Financial clean break orders in family proceedingsDuty of the court to consider a clean breakAlthough there is no presumption in favour of there being a financial clean break between parties on divorce, the court is under a duty to consider whether it would be appropriate to exercise its powers so

Early leavers—preservation

Early leavers—preservationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension schemes).The Finance Act 2022 will also give

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
What is the difference between an appeal and a review?

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Financial clean break orders in family proceedings

Financial clean break orders in family proceedings

Financial clean break orders in family proceedingsDuty of the court to consider a clean breakAlthough there is no presumption in favour of there being a financial clean break between parties on divorce, the court is under a duty to consider whether it would be appropriate to exercise its powers so

Early leavers—preservation

Early leavers—preservation

Early leavers—preservationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension schemes).The Finance Act 2022 will also give

Late payment penalties—inheritance tax

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid