The European Banking Federation, Insurance Europe and European Fund and Asset Management Association and the European Structured Investment Products Association all support a one-year delay to the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation, calling the current timeline unrealistic. This is because the final RTS in relation to the PRIIPs key information document is not likely to be published more than four months before coming into force from 31 December. (Source: European financial associations seek PRIIPs delay)