On 30 July 2020, the Commissione Nazionale per la Societá e la Borsa (Consob) published a consultation document on the revision of the procedure of the ex-ante submission of the KID PRIIPs. This revision is due because a modification of the “Test Unico della Finanza” (TUF) in November 2019 abrogated this obligation. However, the amendment of the TUF contains a provision that continues this obligation until end of 2020 alongside to the adoption of revised Consob Regulation (Regolamento Consob), object of this consultation.
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