Key Information Documents for UCITS & PRIIPs - Beyond the Basics for FCA Regulation

Introduction

Given that disclosure to retail investors is a hot topic of the FCA, this new virtual classroom seminar is aimed at ensuring that your staff have an up to date understanding of the ins and outs of the vital investor documents resulting from UCITS and PRIIPs legislation.

A detailed look will be taken at the form and contents of the documents, and you will gain practical experience of dealing with them by working through some sample KIIDs and KIDs.

The session will provide you with an understanding of the liability and ongoing obligations associated with KIIDs and KIDs.

In addition, you will find out what is in store for this document in the future.

What You Will Learn

This live and interactive session will cover the following:

• What is a KIID/KID?
• A general overview of the Key Investor Information Document
• Legal Basis for a KIID/KID
• Background to the UCITS regime
• Background to the UK PRIIPs regulation
• Form and Content of a UCITS KIID
• Investment objectives and policy
• Risk reward profile
• Charges
• Past performance
• Practical information
• Practical Exercise Involving a Sample UCITS KIID Ongoing Obligations
• Revising and filing requirements of the KIID
• Liability for the KIID
• Method of providing the KIID and timing
• Existing investors
• Form and Content of a UK PRIIPs KID
• Key differences between UCITS KIID and a PRIIPs KID
• Investment objectives and policy
• Risk reward profile
• Pay out procedures
• Charges
• Length of investment and redemption requirements
• Practical information
• Practical Exercise Involving a Sample UK PRIIPs KID Ongoing Obligations
• Revising and filing requirements of the KID
• Liability for the KID
• Method of providing the KID and timing
• Going Forward
• What does the PRIIPS regulation mean for the UCITS KIID?
• Future requirements

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.