Joint Committee launches KIDs discussion: The Joint Committee has issued a discussion paper on risk, performance scenarios and cost disclosures for Key Information Documents (KIDs) for packaged retail and insurance-based investment products (PRIIPs). The paper comprises a section on risk and reward and a section on costs. The Joint Committee suggests several different methodological options for each element of disclosure. The consultation closes on 17 August. (Source: Joint Committee Launches Discussion on PRIIPs KIDs)