Regulator delays PRIIPs KIDs policy statement to Q1 2022

While the packaged retail and insurance-based investments products regulation (PRIIPs), which requires a KID to be given to an investor before and after the sale of any PRIIPs product, has already been onshored, concerns had been flagged by the regulator in relation to its 2018 call for input and 2019 feedback statement. As such, the regulator was due to publish its final rules for KIDs in January 2022 but has now delayed the publication to a less specific "Q1 2022". The regulator confirmed it will include "confirmation of when the rules will take effect and any implementation period"...