The Packaged Retail and Insurance-based Investment Products (UCITS Exemption) (Amendment) Regulations 2021

Amendment of Regulation (EU) No 1286/2014

This section has no associated Explanatory Memorandum

2.—(1) Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment product (PRIIPs)(1) is amended as follows.

(2) In Article 32(1), for “31 December 2021” substitute “31 December 2026”.

(1)

EUR 2014/1286, as amended by S.I. 2019/403 which substituted Article 32(1). The original date for the expiry of the exemption in Article 32(1) of 31 December 2019 was extended to 31 December 2021 by article 17(1) of EU Regulation 2019/1156. There are other amendments that are not relevant.