UCITS to PRIIPs & PRIIPs KID UK rules - time updates
Two developments have emerged recently in the PRIIPs space:
UCITS to PRIIPs transition period has been proposed to be delayed to 1 January 2023. The Council fully supported the European Parliament's ECON Committee's extension proposal, according to Andreas Stepnitzka, EFAMA Deputy Director, Regulatory Policy.
Read released Draft Report here. The Financial Conduct Authority in the UK has pushed back publication of the final PRIIPS KID rules to Q1 2022, from the original January 2022. Read more here.