Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

Article 11 What is this product section in the generic key information document

In the section entitled "What is this product" by way of derogation from paragraphs 2 and 3 of Article 2, PRIIP manufacturers shall specify the following:

  1. (a)

    a description of the types of underlying investment options, including the market segments or instrument types, as well as the main factors upon which return depends;

  2. (b)

    a statement indicating that the type of investors to whom the PRIIP is intended to be marketed varies on the basis of the underlying investment option;

  3. (c)

    an indication where the specific information on each underlying investment option is to be found.