Call for Input: PRIIPs Regulation – initial experiences with the new requirements

Call for Input
Call for input closes
Feedback statement
Q1 2019
Q1 2019

In this call for input we invite firms and consumers to provide input on their initial experiences of the requirements introduced by the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation.

Show Call for input (PDF)

The PRIIPs Regulation requires certain firms to prepare and provide investors with standardised key information documents (KIDs). It aims to improve consumer understanding and outcomes by standardising the disclosures retail investors receive, giving them the ability to compare competing products.

We would like to hear from those who are producing, advising on, or distributing PRIIPs (and preparing and providing KIDs), and from consumers now using KIDs to decide whether to invest in these investment products.

This Call for Input covers questions around the scope of the PRIIPs Regulation, and around the content of KIDs. We invite input from firms and consumers about their experiences of the required disclosures. We also invite input on any other practical experiences with the PRIIPs Regulation.

Who this applies to

This Call for Input will be of interest to:

  • consumers and their representative bodies
  • those who manufacture PRIIPs and those who advise on or distribute PRIIPs, including but not limited to:
  • issuers of securities that are classed as PRIIPs (including businesses that do not require Part 4A authorisation under FSMA)
  • life companies
  • discretionary investment management firms
  • firms providing services in relation to insurance-based investments
  • fund managers
  • wealth managers
  • stockbrokers and other firms that provide advice to retail clients on funds, structured products and derivatives
  • financial advisers
  • firms operating retail distribution platforms

What you need to do

We are asking for comments on this Call for Input by 28 September 2018.

Please use our online form or write to:

Retail Distribution Policy

Strategy & Competition

Financial Conduct Authority

12 Endeavour Square

London E20 1JN

Email: [email protected]

Next steps

We aim to publish a feedback statement on this call for input in early 2019. The responses will also inform our future engagement on the PRIIPs legislation with the ESAs and other national competent authorities.