The PRIIPs Regulation – A view from Germany: Why Asset Managers should be ready as of January 2017 and not rely on Grandfathering

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The Regulation (EU) 1286/2014 of the European Parliament and the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (“PRIIPs Regulation”) will introduce a new key information document (“KID”) for certain packaged and insurance based investment products (“PRIIPs”) that are offered to retail investors. The KID must be provided to retail investors prior to their making an investment decision. If no KID is available, the marketing of the respective product to retail investors is prohibited...

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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