Info
🔗 Back to Summary. 🇫🇷 French Version: 2017R0653_FR.4. Back to Summary of LVL1. Open the PDF.
Article 3 – ‘What are the risks and what could I get in return?’ section ⬅️ | ➡️ Article 5 – ‘What are the costs?’ section
Article 4 - ‘What happens if [the name of the PRIIP manufacturer] is unable to pay out?’ section
PRIIP manufacturers shall include the following in the section entitled ‘What happens if [the name of the PRIIP manufacturer] is unable to pay out?’ of the key information document:
(a)
an indication whether the retail investor may face a financial loss due to the default of the PRIIP manufacturer or to the default of an entity other than the PRIIP manufacturer, and the identity of that entity;
(b)
a clarification whether the loss referred to in point (a) is covered by an investor compensation or guarantee scheme, and whether there are any limitations or conditions to that cover.