PRIIPs KIDs
Reliable Support for PRIIPs KIDs Preparation and Updates
Key Information Documents (KIDs) are a critical component of compliance under the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation, as well as Collective Investment in Transferable Securities (CCIs). Addition Compliance supports firms by preparing all the calculated values required for inclusion in these documents, including cost analyses and risk indicators. Our service ensures that your KIDs remain accurate, up-to-date, and fully compliant with regulatory standards.
Comprehensive Assistance for Ongoing Compliance
The preparation and maintenance of PRIIPs KIDs require precise calculations and a quick response to changing data. Whether it’s fund costs, performance, or risk metrics, our team ensures that your documents are updated accurately and on time. Addition Compliance is equipped to handle ad hoc updates and short-notice requests, giving you the flexibility to respond promptly to any changes that trigger a disclosure requirement.
Our process
1
Data collection
We request data from any nominated provider.
2
Prepare & Review
We consolidate your data, prepare returns, and raise any necessary queries.
3
Validate & Finalise
We verify data accuracy and generate
electronic filings.
4
Approve Submission
You review and approve returns for submission.
5
File & Confirm
We submit returns online and provide proof of successful submission.
Your Partner for PRIIPs KIDs Compliance
Addition Compliance offers a dependable service for firms needing assistance with PRIIPs and CCI KIDs preparation and updates. Whether you require one-off calculations or ongoing support, our team is ready to provide:
- Accurate Calculations: We handle cost analyses, risk indicators, and other values required for inclusion in KIDs.
- Responsive Support: Our consultants are available throughout the year to assist with short-notice updates or ad hoc disclosure needs.
- Compliance Confidence: We ensure your KIDs are fully compliant and ready for publication whenever updates are triggered.
With Addition Compliance, you can rely on a flexible, reliable partner to manage your KIDs effectively. Let us take care of the details so you can focus on your core business with the confidence that your compliance obligations are being met.
Case study
Delivering On-Demand Updates for KIDs
One of our clients, a fund manager, was confident in the wording and format of their Key Information Document but needed reliable support to update their calculated values at short notice throughout the year. Regulatory requirements meant they needed the capability to make changes quickly whenever updates were required for fund costs or performance.
To address this, Addition Compliance provided a dedicated compliance consultant to assist with ad hoc requests as they arose. This ensured that whenever an update was needed, we were on hand to deliver the necessary calculations and adjustments promptly, allowing the client to stay compliant without disruption.
Outcome
Confidence in Timely, Compliant Updates
The client now has peace of mind knowing that they can meet their disclosure obligations quickly and efficiently. With our support, they are able to publish fully compliant KIDs whenever regulatory updates are required, without delays or complications.
