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06/01/2021 | Press release | Distributed by Public on 06/01/2021 02:09 Announcement: HM Treasury to extend PRIIPs exemption for UCITS funds for five years Undertakings for the Collective Investment in Transferable Securities (UCITS) funds are currently exempted from the requirements of the Packaged Retail Investment and Insurance-based Products (PRIIPs) Regulation. This means that, instead of producing a Key Information Document (KID), UCITS funds providers must produce a Key Investor Information Document (KIID), as per the requirements of the UCITS Directive. This exemption expires on 31 December 2021. HM Treasury intends to legislate to extend this exemption to 31 December 2026. This legislation will be made under a power the Treasury was granted in the Financial Services Act 2021 to extend the current exemption by five years if required.

United kingdomFinancial servicesCollective investmentTransferable securitiesPackaged retail investmentInsurance based productsKey information documentKey investor information documentFinancial services actHmt uk her majestys treasury via public announcement hm to extend priips exemption for ucits funds five yearsஒன்றுபட்டது கிஂக்டம்நிதி சேவைகள்கூட்டு முதலீடுப்யாகேஜ்ட் சில்லறை முதலீடுகாப்பீடு அடிப்படையிலானது ப்ராடக்ட்ஸ்விசை தகவல் ஆவணம்