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On December 21st, 2022, the European Supervisory Authorities (ESA) published another update of the Questions and Answers (Q&As) on the PRIIPs Key Information Document.


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Let's talk how we can help your business.


Connect to a new world of efficiency by utilising cleversoft’s business solutions.

Contact us

On December 21st, 2022, the European Supervisory Authorities (ESA) published another update of the Questions and Answers (Q&As) on the PRIIPs Key Information Document.

This version follows up with the revisions and deletions of the existing (old) RTS – (EU) 2017/653 announced in the previous Q&A update version from November 14th, 2022, in relation to requirements for the KID as follows:

Performance scenarios

PRIIPs with a RHP of less than one year

Derivatives

Multi-option products

Methodology for the calculation of costs

Transaction costs

Costs of PRIPs other than investment funds

Costs of insurance-based investment products

Calculation of SRIs

Presentation of costs

cleversoft Regulatory Watch team is analyzing all new details to determine any adjustments deriving from this Q&A update recommended for our PRIIP services. If you are interested in learning more about the cleversoft PRIIP services or in case you have any questions about them, please do not hesitate to contact us.