Commission asks for views on UCITS KID

The Commission is asking for views on its proposal for a Directive on UCITS. The proposals relate to the use of KIDs by UCITS managers. The current exemption from the use of a PRIIPs KID for UCITS expires at the end of 2021. The Commission is proposing to extend this to June 2022, and is also taking measures to ensure that consumers will not receive two similar but not identical documents aiming to serve the same purpose from July 2022 onwards.

Consultation closes on 9 September.