Fund Disclosure in Transition: UK Product Summary vs EU PRIIPs KID

In this episode of The Legal Zeidgeist, we dive into one of the most consequential yet under-discussed developments in fund disclosure: the regulatory divergence between the UK’s proposed Product Summary and the EU’s PRIIPs Key Information Document (KID).As the UK continues to chart its post-Brexit course, asset managers are now facing two parallel and increasingly distinct disclosure regimes. But what exactly is changing in the UK, and how does it compare to the EU’s long-standing PRIIPs framework?Gemma Capelo and Jeet Doshi unpack the key differences between the UK’s Product Summary and the EU PRIIPs KID, explore the practical implications for firms marketing funds across both jurisdictions, and offer guidance on how asset managers can prepare for dual compliance even while the UK rules remain in draft form.