Amendments to the UCITS regulation:

1. The UCITS KIIDs exemption for switching to a PRIIPs KID has been extended to 31 December 2022, meaning UCITS funds will have an additional 6 months before having to produce a PRIIPs KID.

2. Non-retail funds, investment companies and management companies should continue to provide an UCITS KIID, unless they decide to provide a PRIIPs KID, in which case they do not have to create an UCITS KIID anymore.

Read more here.

Amendments to the PRIIPs regulation:

1. The UCITS exemption date has been changed to "31 December 2022".

2. The European Commission is expected to submit as a matter of urgency a report on criticism to the PRIIPs regulations, together with proposals to address the limitations, where possible.

Read more here.

Published: 24 November 2021