Question ID: 2500
Regulation Reference: (EU) No 1286/2014 - PRIIPs Regulation
Topic: Key information document (KID)
Article: Annex VI, Art 68 (part 1)
Status: Rejected
Date of submission: 26 Sep 2022
Question
IBIPs Performance fees
Is Q&A n.2 published on July,4 2017 (also present in page 48 of Q&A published on December 17 2021) – representation of performance fees and carried interested in IBIPs - still valid, given that point 68 Annex VI part 1 has been revisited?
EIOPA answer
EIOPA agrees that in view of the point 68 of Annex VI of the PRIIPs Delegated Regulation, which was revised during the last review of that Regulation and which addresses the case of incidental costs for insurance-based investment products, Q&A no. 2 that you refer to in Section F, Presentation of Costs, needs to be amended. This revision of the Q&A will be done in due course.