Packaged Retail Investment and Insurance-based Products (PRIIPs)

  • Protection of investors

    Packaged Retail Investment and Insurance-based Products (PRIIPs) regulation offers protection to investors who intent to acquire manufactured products.

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  • Packaged Retail Investment and Insurance-based Products (PRIIPs) regulation was created by the European Commission and became effective on January 1, 2018. The scope of the regulation is to provide an extra layer of protection to retail investors in the European Economic Area who intent to acquire manufactured products with payoffs dependent on the value or the performance of a different asset or a basket of assets.

    As a result, the regulation requires that distribution to retail investors of the aforementioned products is accompanied by a Key Information Document (KID). KIDs follow a standardized, comprehensive and clear format, which will assist investors to have a better overview of the characteristics, risks and potential performance of such products. Further, the standardize format of KIDs aims to facilitate comparison among similar products that may be marketed to investors.

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