Last Updated on June 3, 2025 by Arnaud Collignon
Postponement of PRIIPs-Related Disclosures: Key Updates
The European Commission has recently published a delegated regulation that impacts the application date of certain disclosures related to the Packaged Retail and Insurance-based Investment Products (PRIIPs). This decision is significant for financial institutions and investors alike, as it aims to enhance clarity and compliance within the financial market.
What You Need to Know
- New Application Date: The application date for specific PRIIPs-related disclosures has been postponed, allowing more time for stakeholders to adapt to the changes.
- Impact on Stakeholders: This delay is expected to benefit both manufacturers and distributors of PRIIPs, as it provides additional time to ensure compliance with the new requirements.
- Regulatory Framework: The delegated regulation is part of the European Commission’s ongoing efforts to refine the regulatory framework surrounding investment products.
Why This Matters
This postponement is crucial for ensuring that all parties involved have adequate time to prepare for the changes. It reflects the European Commission’s commitment to fostering a transparent and efficient market for retail investors.
Next Steps for Financial Institutions
Financial institutions should take this opportunity to review their current practices and ensure they are aligned with the upcoming requirements. Key actions include:
- Assessing current disclosure practices
- Updating internal compliance protocols
- Training staff on new regulations
External Links
- CSSF Official Announcement
- European Commission – PRIIPs Disclosure Requirements
- ESMA Response to Delegated Regulation
Stay informed about these developments to ensure your organization remains compliant and well-prepared for the future of PRIIPs disclosures.