PRIIPs

Packaged Retail Insurance-based Investment Products

PRIIPs Regulation (Regulation (EU) 1286/2014) · Article 5

retail-investors

disclosure

investment-products

KID

Definition

A category of financial product subject to mandatory pre-contractual disclosure under the PRIIPs Regulation (Regulation (EU) 1286/2014). PRIIPs include investment funds (other than UCITS), structured deposits, structured products, and certain insurance-based investment products. Manufacturers and sellers of PRIIPs must produce a standardised Key Information Document (KID) of maximum three pages, covering product nature, risk/reward profile, costs, and performance scenarios. UCITS are exempt until their existing KIID regime is replaced. The EU Retail Investment Strategy (political agreement reached in 2025) will introduce a 'Product at a glance' dashboard and ESG section.

Related Terms

PAI

Principal Adverse Impact — The most significant negative effects that investment decisions or financial advice have on sustainability factors relating to environmental, social, and employee matters, respect for human rights, anti-corruption, and anti-bribery matters.

Guide

PRIIPs KID Compliance Guide 2026: Requirements & Costs

Guide

ELTIF 2.0: The Complete Guide to the New European Long-Term Investment Fund Framework

Guide

MAR Delayed Disclosure Reform: What Issuers Must Know Before 5 June 2026

Guide

EU Retail Investment Strategy 2026: What Changes for PRIIPs, MiFID II, and UCITS