[ParlTrack]

Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point b

Regulation (EU) No 1286/2014
Article 2 – paragraph 2 – point h

pension products, including immediate annuities without a redemption phase, which, under national law, are recognised as having the primary purpose of providing the investor with an income in retirement and which entitle the investor to certain benefits;’immediate annuities;

2023/11/07
Committee: ECON

Denis NESCI

Proposal for a regulation
Article 1 – paragraph 1 – point 4

Regulation (EU) No 1286/2014
Article 6 – paragraph 3 – point a

(a) PRIIPs manufacturers provide investors with tools adapted to retail investors, including in tabular or graphical form, that facilitate research and comparison among the different investment options, including on costs;

2023/11/07
Committee: ECON

Denis NESCI

Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point a

Regulation (EU) No 1286/2014
Article 8 – paragraph 3 – point a a

(a) in paragraph 3, point (aa) is added: ‘(aa) under a section titled ‘Product at a glance’ a dashboard with summarised information about all of the following: (i) the type of the PRIIP, as referred to in point (c)(i); (ii) the summary risk indicator referred to in point (d)(i); (iii) the total costs of the PRIIP; (iv) the recommended holding period referred to in point (g)(ii); (v) whether the PRIIP offers the insurance benefits referred to in point (c) (iv);’;deleted

2023/11/07
Committee: ECON

Denis NESCI

Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point a

Regulation (EU) No 1286/2014
Article 8 – paragraph 3 – point aa – point v a

(va) whether or not the PRIIP offers financial guarantees.

2023/11/07
Committee: ECON

Denis NESCI

Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point d

Regulation (EU) No 1286/2014
Article 8 – paragraph 3 – point g a

(d) the following point (ga) is inserted: ‘(ga) for PRIIPs on which financial market participants are to disclose pre- contractual information pursuant to Regulation (EU) 2019/2088 of the European Parliament and of the Council** and Commission Delegated Regulation 2022/1288***, under a section titled ‘How environmentally sustainable is this product?’, the following information: (i) the minimum proportion of the investment of the PRIIP that is associated with economic activities that qualify as environmentally sustainable in accordance with Articles 5 and 6 of Regulation (EU) 2020/852 of the European Parliament and of the Council****; (ii) the expected greenhouse gas emissions intensity associated with the PRIIP pursuant to Delegated Regulation 2022/1288;’;deleted

2023/11/07
Committee: ECON

Denis NESCI

Proposal for a regulation
Article 1 – paragraph 1 – point 7

Regulation (EU) No 1286/2014
Article 14 – paragraph 2

(2) The electronic format of the key information document may be provided by means of an interactive tool that enables the retail investor to generate personalised key information based on the information in the key information document or the information underlying it. That tool shall respect the following conditions: (a) not alter the understanding of the key information document; (b) all key information shall be presented; (c) shall be easily accessible through a link next to the interactive tool, and the link shall be accompanied by the following message ‘It is recommended to download and store the key information document’; (d) the interactive tool shall allow investors to simulate costs over the recommended holding period.deleted the interactive tool, or its use, shall the key information document

2023/11/07
Committee: ECON

Denis NESCI

Proposal for a regulation
Article 1 – paragraph 1 – point 7

Regulation (EU) No 1286/2014
Article 14 – paragraph 3

(3) The ESAs shall develop draft regulatory technical standards specifying the modalities for personalising the information as referred to in paragraph 2, the first subparagraph, and the conditions for adapting the formatting of the information, as referred to in paragraph 2, the second subparagraph. In addition to the modalities referred to in the first subparagraph, the regulatory technical standards shall include the conditions for personalising the key investor information in the following manners: (a) the information to allow investors to simulate costs over a holding period that is different from the recommended holding period; (b) the information to allow investors to compare different PRIIPs; (c) the information to make it accessible to persons with disabilities.deleted the conditions for personalising the conditions for personalising the conditions for personalising

2023/11/07
Committee: ECON

Denis NESCI

Proposal for a regulation
Article 2 – paragraph 1

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union. It shall apply from [PO please insert the date = 1824 months after the ~~date of entry into force of this amending Regulation~~publication of the delegated acts concerning the Directive of the European Parliament and of the Council amending Directives 2009/65/EC, 2009/138/EC, 2011/61/EU, 2014/65/EU and (EU) 2016/97 as regards EU rules protecting retail investors].

2023/11/07
Committee: ECON

Activities of Denis NESCI related to 2023/0166(COD)

Shadow reports (1)

Amendments (8)

ParlTrack - 2011-2024