Draft Regulatory Technical Standards have been adopted subject to broader review of the PRIIPs framework, to include the following:

how to achieve better alignment between PRIIPs, Insurance Distribution Directive and Markets in Financial Instruments Directive II regarding provisions on costs disclosure;
the scope of products as foreseen by the PRIIPs Regulation;
how to ensure that the KID contains the key information necessary for retail investors while avoiding too much or too complex information for these investors;
how to allow the creation of a digitalised KID allowing layered information and reviewing the default paper basis of the KID, taking into account the specific challenges for different types of products (e.g. multi-option products (MOPs));
the need for a more tailored approach, such as for MOPs, in order to maximise understanding and use of the information, while continuing to allow for comparability of similar products.

The final report on the Draft RTS is available here: