On the 8th of March, the European Commission published an updated RTS to overcome the objections that the European Parliament raised when they rejected the previous draft last September.
![](https://reitighltd.com/wp-content/uploads/2017/03/priips-march-17-rts-update.jpg)
On the 5th April, the European Parliament officially announced that they would raise no objections to the updated RTS.
The changes focus on four main areas:
- Signposting to UCITS key investor information documents in multi-option products.
- A new stress performance scenario.
- The requirement to show a comprehension alert becoming linked to MiFID II & IDD.
- Changes to how the biometric risk premium of insurance products are communicated.
Have a look at our video to learn more.