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The PRIIPs regulation is mandatory for businesses and organisations in the Finance industry. Learn about the PRIIPs Key Information Document with these FAQs answered by experts.
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COMMON QUESTIONS ABOUT PRIIPS KID REGULATION Answered by the Experts! WHAT ARE THE REQUIREMENTS? The Key Information Document (KID) is a requirement for retail investors that a PRIIP manufacturer should produce in alignment with the standard regulations of the industry. WHO IS A PRIIP MANUFACTURER? Any entity that creates a new or modifies an existing PRIIPs can be termed as a PRIIP manufacturer. These modifications cover adjustments to the risk and reward profile of an investment. IN WHAT LANGUAGE SHOULD THE KID BE? It is required to prepare the Key Information Document in the official or recognized language of the Member State. The KID should be translated to English if prepared in a different language. HOW TO ADD REFERENCE DOCUMENTS? While the PRIIPs KID is supposed to be a standalone document, it can include references documents featuring information that is highlighted in the KID. VISIT RISKSAVE.COM FOR MORE INFORMATION ON PRIIPS KID