• Product Mastering

      Formerly Fundipedia — automate fund data collection, validation and distribution with regulatory-grade accuracy and compliance

      Client Book of Record

      Centralise client and counterparty data with automated validation, regulatory compliance and complete relationship visibility

      Fee & Distribution Channel Management

      Streamline distribution fee management with automated calculation, validation and transparent reporting across channels

      Nexus By FE Fundinfo Logo 480X480 V2(1)
      Nexus by FE fundinfo

      Discover how FE fundinfo's integrated, end-to-end investment and wealth management platform can transform how you operate

    • Global Funds Registration

      Accelerate cross-border fund registration with expert support, regulatory intelligence and streamlined compliance workflows

      Fund Filing

      Automate regulatory filings and reporting with validated data, intelligent workflows and complete audit trails

      Regulatory Document Production

      Automate compliant PRIIPs, UCITS, SFDR and TCFD document production with expert validation and multi-language support

      Regulatory Template Production

      Generate market‑standard regulatory templates with automated calculations to ensure accurate, compliant disclosures across jurisdictions, including UK CCI, SFDR, TCFD, and more

      Calculations

      Deliver consultancy-grade PRIIPs, cost transparency and performance calculations with industrial-scale automation across European markets

    • Dissemination

      Distribute fund data and documents efficiently across platforms, regulators and distributors with automated workflows

      Feeds

      Access comprehensive fund data feeds with flexible formats, automated delivery and regulatory-grade accuracy

    • Investment Tools

      Model client scenarios and analyse investments with tax-aware cashflow planning and structured product evaluation tools

      Investor Engagement

      Reach millions of investors with comprehensive research content, independent ratings, and digital engagement via Factsheets and Fund Centres

    • Fund Research and Analysis

      Access comprehensive fund research, portfolio analysis and investment decision tools with trusted data and real-time insights via FE Analytics

      Portfolio Construction

      Comprehensive managed portfolio service data with detailed holdings, performance analysis and comparison tools

      Investment Intelligence

      Centralise portfolio performance, platform data and fee monitoring with automated insights across your advice practice

    • Nexus AI for Investment Managers

      Automate compliance checks, accelerate distribution and monitor market intelligence with AI-powered regulatory workflows

      Nexus AI for Wealth & Financial Advisers

      Automate meeting transcription, summaries, CRM updates and emails for a 50% increase in operational efficiency and fresh cost savings. Start your free trial

      Nexus AI 480X480
      Submit a Use Case

      Have an idea for how Nexus AI could elevate your operations? Let's make it a reality
    • Case Studies

      Real client success stories demonstrating measurable results and operational improvements

      Whitepapers

      In-depth research and analysis on challenges facing investment managers and wealth managers

      Newsroom

      Latest company announcements, product launches and industry news from FE fundinfo

      Articles

      Expert insights on fund data, regulatory compliance and investment technology trends

      Podcasts

      Conversations exploring how artificial intelligence transforms investment management and financial advice

    • Better Connected World Tour

      Join industry leaders exploring the future of fund distribution, data connectivity and regulatory technology

      On-Demand Webinars

      Access expert insights on regulatory compliance, technology innovation and industry trends whenever you need them

      Demo Day Wednesdays

      See our platform in action every Wednesday with live product demonstrations and expert Q&A sessions

      Private Banking Summit

      Connect with private banking leaders exploring wealth management innovation, regulatory challenges and client engagement strategies

    • Call Support

      Get in touch with one of our dedicated support teams

      User Guides

      Step-by-step documentation and tutorials for FE fundinfo products and platform features

      Customer Portal

      Access support resources, submit requests and manage your FE fundinfo services

      FE fundinfo Training Academy

      Comprehensive training modules for FE fundinfo platform users and advisers

  • Nexus AI
Book a meeting
Book a meeting
regulatory-document-production.png

Published on

The evolution of EPT (FAQ)

The European PRIIPs Template (EPT) has been used to deliver the minimum set of required information for Packaged Retail Investment and Insurance Products (PRIIPs) since 2018, to standardise the transfer of PRIIPs regulatory data between financial market participants. Products in scope include investment funds (including UCITS and retail AIFs), insurance-based investment products (IBIPs), structured products and derivatives.

In September 2021, after several setbacks, the European Commission finally adopted its revised PRIIPs regulatory technical standards (RTS), with an effective date of 1 July 2022 (later put back to 1 January 2023). To accommodate these changes, FinDatEx’ PRIIPs technical working group published EPT V2.0 on 8 February 2022. Subsequently, however, EPT V2.1 was released to accommodate the different requirements of the UK market, and the Financial Conduct Authority’s (FCA) PRIIPs regime.

Here is what you need to know before transitioning to EPT V2.0 and/or EPT V2.1/V2.1UK.

 

What’s changing?

EPT V1 vs V2.0 (Click here for EPT V2.0)

Other than new identifier fields in line with other FinDatEx templates, the following changes have been made:

  • Removal of UCITS KIID-type data fields, as UCITS in the EU will be producing PRIIPs KIDs instead
  • Revised PRIIPs Level 2 RTS information requirements, including:
    • uplifts to the SRI,
    • signposted addresses for the past performance chart, and
    • signpost to monthly-updated performance scenarios
  • Changes to the introductory narrative

EPT V2.0 vs V2.1 (Click here for EPT V2.1)

Following FinDatEx’ consultation in August 2022, EPT V2.1 was released on 23 September to include an additional section required for the UK market. The key differences between EPT V2.0 and V2.1 are:

  • A new section with fields specific to UK PRIIPs KIDs
  • Revised version field to allow for a UK-only version (V2.1UK) as well as either an EU-only or EU and UK version (V2.1UK)

V2.1 also includes indicators for those fields that are relevant if completed only for the UK.

 

Who does it impact?

Fund Managers

All new versions of EPT are intended to be used for products sold from 1 January 2023.

PRIIPs providers such as fund managers (including UCITS and retail AIFs) will need to ensure they are ready and able to transition to EPT V2.0 or V2.1 well ahead of 31 December 2022 to allow time for those using the data to produce their own PRIIPs KIDs ready for 1 January 2023.

FE fundinfo recommends groups to provide EPT V1 in parallel with EPT V2.0/V2.1 for the duration of the transition period (i.e. from now until the end of December 2022).

Groups can also validate their regulatory data files through our Data Partner Portal prior to sending through their V2.0 and V2.1 templates.

Insurers and Fund Distributors

As a Fund Distributor currently taking Regulatory Data and Document Feeds from FE fundinfo, EPT V2.0/V2.1 files will be made available via our new Data Feed Portal. 

A sample file will be made available to platforms and will be included as part of the product update. Please contact your usual FE fundinfo Account Manager for more information on how FE fundinfo is preparing your new EPT V2.0/V2.1 files.

 

Which template do I need to complete?

Funds distributed only in the EU will be able to complete either EPT V2.0 or V2.1.

Funds distributed only in the UK should complete EPT V2.1UK, ie V2.1 with only those fields relevant for the UK.

Funds distributed in both the EU and UK should complete EPT V2.1, including those fields in section 08 for the UK.

 

When do I need to complete the transition by?

While there are no explicit deadlines to transition from EPT V1.0 to EPT V2.0/V2.1, as the new templates are intended to be used for products sold from 1 January 2023, we recommend the transition to EPT V2.0/V2.1 to be completed ahead of 31 December 2022, thus giving sufficient time for the transmission of EPT data from product manufacturers to insurers who need to produce their own PRIIPs KIDs by 1 January 2023.

 

Do I need to continue to provide EPT V1.0?

EPT V1.0 should be completed up to the end of 2022 (i.e. 31 December 2022), as existing PRIIPs KIDs need to be monitored – and possibly revised – until then.

 

How we can help

FE fundinfo collects, validates and disseminates EPT data and PRIIPs documents, including the end-to-end production of new PRIIPs KIDs, through our regulatory data and document solutions and feeds. If you do not have an existing file arrangement with FE fundinfo, contact us now.