Amendments to the PRIIPs Regulation
These amendments will improve the functioning of the onshored Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation.
Documents
Details
- This policy statement provides an update on HM Treasury’s proposed approach to bringing forward amendments to the onshored PRIIPs Regulation to avoid consumer harm and provide the appropriate certainty to industry once the UK ceases to be bound by the EU regime.
- The proposed amendments target the most pressing concerns with the PRIIPs Regulation and are intended to ensure that UK retail investors are provided with more appropriate PRIIPs disclosures.
- In the longer term, HM Treasury intends to conduct a more wholesale review of the disclosure regime for UK retail investors.