Easy way to check if a product has a KID and complies with PRIIP?

P

paulrberg

The Packaged Retail and Insurance-based Investment Products (PRIIP) regulations are phenomenally confusing and opaque.

How can a retail Europe-based investor check whether a financial product provides a Key Information Document (KID) or not? There seems to be no database where I can type the name of the product and get "yes/no" return back, or at least, I couldn't find one.

I'm aware of ucits-etfs.com, but the UCITS funds are not the only products available in Europe. Options on index ETFs, such as SPY, are also available and they are not UCITS.
 
Sometimes the UX on the broker's station is so poor that it confuses me even more. For instance, this is what Interactive Brokers shows me when I cannot trade a product when I don't have the necessary trading permissions, but ALSO when the KID is not available:

Contract not available for trading​
 
That's probably because there are multiple reasons (and the message for trading permissions is shown, because that supersedes PRIIPS). If PRIIP is the only reason you get a clear message in TWS ("product unavailable to retail clients").
 
With new compliances, it has given an easy way out that provides key information documents (KIDS) for their products. These are easily readable and ease the multifaceted procedures.
 
With new compliances, it has given an easy way out that provides key information documents (KIDS) for their products. These are easily readable and ease the multifaceted procedures.
 
With new compliances, it has given an easy way out that provides key information documents (KIDS) for their products. These are easily readable and ease the multifaceted procedures.
 
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