On completion of this tutorial, you will be able to:
Identify PRIIPs regulations and list their major provisions
Define the PRIIPs key information document (KID) and explain its purpose
Name and define the core components of the KID
Identify the challenges associated with the creation of the KID
From a retail investor’s perspective, the European investment landscape is complex and challenging. To support retail investors’ decision-making, European authorities published a regulation on key information documents (KIDs) for packaged retail and insurance-based investment products (PRIIPs). Financial firms, including asset managers, banks, and insurance firms, must provide investors with a comprehensive KID for each PRIIP they manufacture. This tutorial provides a high-level overview of PRIIPs regulations and explains the components and purpose of the KID.