On 9 December 2014, the text of the Regulation on key information documents (KIDs) for packaged retail and insurance-based investment products (PRIIPs) (the PRIIPs KID Regulation) was published in the Official Journal of the European Union.
On 13 December 2014, a corrigendum to the text was published in the Official Journal. This relates to an error in Article 8 (5) third subparagraph which says that the draft regulatory technical standards on the content of the KID need to be submitted to the European Commission by 31 March 2015. The corrigendum amends this date to 31 March 2016.
The Regulation comes into force on the twentieth day following that of its publication in the Official Journal. It will apply from 31 December 2016.