KIDs - PRIIPS - Key Information Documents
According to Regulation (EU) 286/2014 of the European Parliament and the Council Committee of November 26th 2014 regarding the key information documents related to packaged retail investment and insurance products (PRIIPs), the following definitions apply:
As “Packaged Retail & Insurance-based Investment Product” (PRIIP) means an investment in which, regardless its legal form, the amount that is paid to the retail investor is subject to fluctuations because it is exposed to the reference values or to the performances of one or more assets which cannot be purchased directly from the retail investor. In particular, when referring to an insurance-based investment product it means an insurance product whose maturity or call value is either totally or partly, directly or indirectly, exposed, in market fluctuations.
A “manufacturer” or “producer” of a PRIIP means any entity that manufactures PRIIPs, as well as any entity that makes changes to an existing PRIIP including, but not limited to, altering its risk and reward profile or the costs associated with an investment in a PRIIP.
The PRIIP manufacturer creates for the product a Key Information Document “KID” and posts it on its website. The KID constitutes an accurate, fair, clear and not misleading pre-contractual information. It also provides key information and is consistent with any binding contractual documents, with the relevant parts of the offer documents and with the terms and conditions of the PRIIP.
KIID - PRIIPS – Key Information Documents:
Futures listed in CME Group: http://www.cmegroup.com/market-regulation/european-regulation/priips-futures-products.html
Options listed in CME Group: http://www.cmegroup.com/market-regulation/european-regulation/priips-options-products.html
Futures / Options listed in Euronext Derivatives Paris: https://www.euronext.com/key-information-document/class-level
Futures / Options listed in EUREX: http://www.eurexchange.com/exchange-en/resources/regulations/eu-regulations/priips-kids
Futures / Options listed in ICE Futures Europe: https://www.theice.com/futures-europe/documents/kid