FCA updates on PRIIPs

FCA has confirmed its intention to amend the UK PRIIPs RTS and handbook guidance to reflect the new end date legislated for in the Financial Services Act 2021 that allows UCITS providers to choose to supply either a PRIIPs KID or a UCITS KIID to investors. The new end date is 31 December 2026. FCA has made the statement to give firms certainty while it makes the necessary amendments, as the original end date was 31 December 2021.

Emma Radmore