ESA Joint Committee · priips-6 Final

How does Article 15(2)(c) of the Delegated Regulation regarding the review of the KID apply to the different holding periods shown? If the mean return for the PRIIP's moderate performance scenario, ex

Regulation
PRIIPs
Answered
2021-12-17
Answer provided by
ESAs (EBA, ESMA, EIOPA)
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Question

How does Article 15(2)(c) of the Delegated Regulation regarding the review of the KID apply to the different holding periods shown? If the mean return for the PRIIP's moderate performance scenario, expressed as an annualised percentage return, has changed by more than five percentage points for at least one of the holding periods should an update be made?

Answer

This provision applies to all holding periods for the moderate performance scenario (at 1 year, half the recommended holding period and the recommended holding period, as applicable, based on the length of the recommended holding period of the PRIIP), i.e. where the annualised percentage return has changed by more than five percentages points for at least one of the holding periods shown.
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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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