1. Tim Shakesby IRSG meeting on 15 September 2016
Agenda item 4: EIOPA feedback to IRSG general observations and Q&A input on the RTS on KID for PRIIPs
Tim Shakesby
IRSG meeting on 15 September 2016

2. Introduction Issues Action expected of IRSG Next steps
General update on progress
EIOPA feedback on IRSG issues
Action expected of IRSG
Share any further questions with EIOPA
Next steps
EIOPA shares questions with European Commission
European Commission Q&As
ESA Q&As published

3. General Update Q&As being finalised ‘Decision Trees’ being developed
More than 500 questions gathered
Questions being classified, prioritised
Draft answers prepared
‘Decision Trees’ being developed
Outlining how to apply RTS and shortcuts
Many questions for European Commission
Scrutiny by European Parliament and the Council

4. Feedback to IRSG MOPs Timing Implementation KID and local disclosures
MRM: categorisation and data issues
CRM: look through
Performance Scenarios: calculation engines, data issues, etc.
MOPs

5. Next Steps First Q&As to BoSs via Joint Committee First Q&As published
On going process for publishing Q&As
Network of NCA experts
Commission addresses Qs for them
Q&As adopted jointly by three BoSs