All Things Newz
Law \ Legal

PRIIPs Update – Financial Services

To print this article, all you need is to be registered or login on

On 24 June 2022, the EU Commission finalised the last step
necessary to align the end date of the exemption for UCITS funds to
produce a PRIIPs KID i.e. 31 December 2022 (“UCITS
“). Indeed, due to several previous
postponements, the date of application of the PRIIPs Level 2
measures as amended by the Regulation (EU) 2021/2268
(“PRIIPs RTS“) was not aligned with the
end of the UCITS exemption. The Delegated Regulation (EU) 2022/975 published on 24
June 2022 provides that the new RTS PRIIPs will apply on 1 January

Therefore, as of 1 January 2023, UCITS funds will have to
produce a PRIIPs KID and comply with the new PRIIPs RTS.

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

POPULAR ARTICLES ON: Finance and Banking from European Union

Finance (Miscellaneous Provisions) Act 2022

AXIS Fiduciary Ltd

On 29 July 2022, the Mauritian Parliament passed the Finance (Miscellaneous) Provisions Act 2022 (the “FA 2022”), which enacts into law the measures announced by the Honourable Minister of Finance in the Budget Speech 2022-2023.

Investing In Malta

Finance Malta

Malta has been on the investment radar for many years thanks to many dynamic and active industries on the island. The government assists well in promoting Malta

Rated Note Feeders And The Cayman Islands – Lender FAQs


We are often asked by our clients: “What are you seeing? Anything interesting in the market on your side?” to which our answer as Cayman counsel is more often than not that we are a ship floating in a tide and what they see as trends …

Source link

Related posts

Canada To Increase Copyright Term To “Life Plus Seventy Years” – Copyright

Analysis Of Regulations For Approval Of Digital Therapeutics – Healthcare

Restraint of trade in employment contracts in Victoria – Contract of Employment