On 20 November 2013, the European Parliament voted to adopt a legislative resolution on the proposal for a Regulation on key information documents (KID) for packaged retail investment products (PRIPs). Negotiations on the final text will now commence with the EU Council.The EU Parliament published the text of the amendments (page 291), which have caused serious concerns and debate in the UCITS industry because they provide that PRIPS, including UCITS funds,will be labelled complex if they present their risk-reward profile or costs in an overly complicated manner, or invest in underlying assets not commonly invested in by non-professional investors.The Parliament published the minutes of the plenary session which explain that while the Parliament adopted the amendments to the proposed PRIPS KID Regulation, it agreed to postpone a vote on the draft legislative resolution contained in a draft report adopted by the Parliament's Economic and Financial Affairs Committee (ECON) on 22 October 2013. This has been referred back to ECON for reconsideration.