ESA Joint Committee · priips-78 Final

What approach should be taken for Category 2 PRIIPs for which there is not an appropriate benchmark or proxy with sufficient historical data which meets the criteria set out in point 5 of Annex IV of

Name: What approach should be taken for Category 2 PRIIPs for which there is not an appropriate benchmark or proxy with sufficient historical data which meets the criteria set out in point 5 of Annex IV of: ESA Joint Committee Q&A — EU Financial Regulatory Q&A
Creator: ESA Joint Committee (EBA, ESMA, EIOPA)
License: https://creativecommons.org/licenses/by/4.0/

Regulation: PRIIPs
Answered: 2022-11-14
Answer provided by: ESAs (EBA, ESMA, EIOPA)

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Question

What approach should be taken for Category 2 PRIIPs for which there is not an appropriate benchmark or proxy with sufficient historical data which meets the criteria set out in point 5 of Annex IV of the Delegated Regulation for the PRIIP, and for which there are not 15 years of historical returns of the PRIIP or an appropriate benchmark or proxy (so point 15 of Annex IV also does not apply)?

Answer

In this case, performance scenarios should be calculated in accordance with point 31 of Annex IV of the Delegated Regulation.

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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