The new EPT v2 takes into account the critical market feedback that was gathered during the consultation period. The disclaimer has been updated and includes the clarification that the EPT shall be aligned with the KID. Within the PRIIPs dataset, new Booleans are now available to “unquote” entire sections.
In terms of the general portfolio information:
- Risk section: Minor updates, including adjusted SRI field.
- Performance section: Minor updates, including links to PPD and PCR disclosure
- Cost section. No changes
- Narrative section. Conditional, primarily needed for insurers in DE and IT
- UCITS section. Removed
Note also that the impact of the UK situation on the EPT is still unclear as to this date no decision has been taken. Two possibilities are envisaged: either the UK market will integrate the EPT 2.0, or it will create a separate template.