Regulation (EU) 1286/2014, which applies from 1 January 2018, establishes additional measures in relation to the protection of investors offered packaged retail and insurance-based investment products (PRIIPs) when they consider making an investment. The Regulation applies in addition to MiFID II and IΜD II if the products offered to retail investors are covered by its scope of application. The main obligation which arises from the Regulation is the drawing up of a Key Information Document, which shall be provided to the investors in good time before those retail investors are bound by any contract or offer relating to that PRIIP.