Amendment: PRIIP transitional arrangements for fund units

This procedure updates rules for manufacturers of Key Information Documents (KIDs) for packaged retail and insurance-based investment products (PRIIPs). It ensures consistency in how they handle fund units as underlying investment options, aligning with extended exemption periods.

This affects PRIIP manufacturers and investors in funds. It clarifies the application of transitional arrangements, ensuring continued compliance and investor protection while legislative changes are phased in.