The article focuses on the decision by the European Parliament and Council to introduce a Key Information Document (KID) as part of a Packaged Retail Investment Products (Prip) Regulation. Topics discussed include the KID's aim to improve transparency for retail investors in non-vanilla products, the kind of products that will require a KID , and speculation about whether the KID will replace the prospectus summary requirements of the Prospectus Directive (PD).
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