Question ID: 3069
Regulation Reference: (EU) 2017/653 - PRIIPs Delegated Regulation for key information document
Topic: Key information document (KID), Packaged retail and insurance-based investment products (PRIIPs)
Article: point 5 of Annex II of the Delegated Regulation
Status: Rejected
Date of submission: 08 Apr 2024
Question
Re answer to question no. 16 of section III. Market risk assessment (Annex II, Part 1), A. Product categories: Does the NAV calculation have to be based on current property prices? Or is it possible to use property prices for the NAV calculation that are determined, for example, only once a quarter by a property valuer and are constantly estimated for a period of three months using interpolation?“
EIOPA answer
EIOPA is not able to answer your question at this stage, since it concerns matters that are subject to an ongoing court case that has been referred to the Court of Justice of the European Union (ECJ).