Extending PRIIPs KID to UCITS / Dec 2021
UCITS already make extensive disclosures to investors under the UCITS regime. It is intended to bring those disclosures under the PRIIPs Key Information Document requirement as a matter of harmonisation.
However, the shift is not without problems of over-burdening the fund industry.
This extension of PRIIPs to UCITS, scheduled for 2019 has been deferred to December 2021.