ESA Joint Committee · priips-128 Final

- Guidance on the methodology described in Point 21(c)(ii) to estimate transaction costs: 3. What could be the ‘comparable information’ mentioned in Point 21 (c) (ii) of the Annex VI of the Commission

Regulation
PRIIPs
Answered
2017-07-04
Answer provided by
ESAs (EBA, ESMA, EIOPA)
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Question

- Guidance on the methodology described in Point 21(c)(ii) to estimate transaction costs: 3. What could be the ‘comparable information’ mentioned in Point 21 (c) (ii) of the Annex VI of the Commission Delegated Regulation? The “comparable information’ could be for example i) the transaction costs of a comparable fund or peer group (as an example of source: fund annual reporting); ii) information about transaction costs used to calculate the bid and ask prices of the fund (Answer provided by the ESAs on the application of the PRIIPs Delegated Regulation, revised on 21 December 2022) b. Other Q&A on transaction cost related issues [Last update 21 December 2022] 1. According to Point 8 of the Annex VI of the Commission Delegated Regulation aggregate transactions shall be calculated as the sum of all transaction costs for all individual transactions undertaken by the PRIIP in the specified period. What is meant by specified period?

Answer

The term specified period refers to the period of three years, as outlined in Point 7.
View original on ESA Joint Committee (EBA, ESMA, EIOPA) ↗

This Q&A is published by ESA Joint Committee (EBA, ESMA, EIOPA) and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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