PRIIPs 2.0: Bye Bye Formulas?

Our previous white paper (“RTS Update for PRIIPs: Preparing for 2022”) gave a broad overview of what is at stake. As the numbers of changes are significant, we decided to focus in this white paper on the revised calculation methodology for performance scenarios and we’ll address some other changes in subsequent white papers. We will point out some minor glitches in the new methodology and also the fact that the (closely related) calculation of the summary risk indicator (SRI) score has not been changed.