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Division MRM class determination for Category 2 PRIIPsF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. 9Division 9
  2. 10Division 10
  3. 11Division 11
  4. 12The VaR measure in return space is given by the Cornish-Fisher expansion, as follows:
  5. 13The VEV is given by:
  6. 14For PRIIPs that are managed according to investment policies or strategies that pursue certain reward objectives by participating through flexible investment in different financial asset classes (e.g. in both equity and fixed-income markets), the VEV that shall be used shall be determined as follows:
  7. 15Division 15

Annotations

Textual amendments

F1

Regulation revoked (6.4.2026) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pts. 1, 3 (with s. 1(4)); S.I. 2025/1078, reg. 7(d)(ii)