ESA Joint Committee · priips-143 Final

Does Point 53 of Annex VI apply inter alia to insurance-based investment products (unit-linked products as well as non-unit-linked products) in which the capital provided by investors is invested in U

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

Joint Committee Q&As are published in consolidated PDF documents without explicit question/answer delimiters. Section boundaries below are identified automatically and may occasionally be imprecise.

Question

Does Point 53 of Annex VI apply inter alia to insurance-based investment products (unit-linked products as well as non-unit-linked products) in which the capital provided by investors is invested in UCITS, AIFs or other PRIIPs?

Answer

Yes, this Point applies to insurance-based investment products that invest a part of their assets in UCITS or AIFs in a PRIIP other than UCITS or AIFs or in an investment product other than a PRIIP. Points 5 (l), 5 (m) and 5 (n) of Annex VI shall then apply respectively.

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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