PRIIPS – Key Information Documents (KID)

Here you’ll find key information documents (KID) about packaged products and services offered by DNB Carnegie Norway

Regulations for increased investor protection

The PRIIPS regulations have been introduced to help non-professional investors make the right product choices. Good information must be provided through increased transparency and harmonisation of regulations across different product types and distribution channels.

The PRIIPS regulation specifies what key information should be provided and how. The information is provided in a Key Information Document (KID). The KID is a three-page document that describes the product’s properties, risk factors, costs and the potential for profit and loss.

The KID is prepared by the product manufacturer in the official language(s) of the countries where the product is sold. Distributors and sellers of PRIIPS are responsible for ensuring that investors have access to KID. The KID must be separate from the product’s marketing material.

Below you will find DNB Carnegies KID documents in Norwegian.

What is PRIIPS?

PRIIPS is an abbreviation for “Packaged retail, insurance and investment products”. The PRIIPs regulations are essentially an EU regulation adopted as law in Norway.

The PRIIPs Act orders manufacturers and providers of investment products to provide non-professional investors with key information (KID) about products before investment.

The PRIIPs Act (Lovdata, NO)

KID for currency derivatives

Product	Maturity (months)	Currency pair	KID (document)
FX Termin Seller	3 months	EURNOK	KID FX Termin Seller (PDF, Norwegian)
FX Termin Buyer	3 months	EURNOK	KID FX Termin Buyer (PDF, Norwegian)
FX Swap purchased	3 months	EURNOK	KID FX Swap bought (PDF, Norwegian)
FX Swap sold	3 months	EURNOK	KID FX Swap sold (PDF, Norwegian)
FX Put option	3 months	EURNOK	KID FX Put Opsjon (PDF, Norwegian)
FX Call Option	3 months	EURNOK	KID FX Call Option (PDF, Norwegian)
FX Call Options Buy	12 months	EURNOK	FXCall12mEURNOKBuy
FX Call Option Sell	12 months	EURNOK	FXCall12mEURNOKSell
FX Call Option Buy	12 months	EUR SEK	FXCall12mEURSEKBuy
FX Call Option Sell	12 months	EUR SEK	FXCall12mEURSEKSell
FX Put Option Buy	12 months	EURNOK	FXPut12mEURNOKBuy
FX Put Option Sell	12 months	EURNOK	FXPut12mEURNOKSell
FX Put Option Buy	12 months	EUR SEK	FXPut12mEURSEKBuy
FX Put Option Sell	12 months	EUR SEK	FXPut12mEURSEKSell
FX Risk Reversal Buy	12 months	EURNOK	FXRR12mEURNOKBuy
FX Risk Reversal Sell	12 months	EURNOK	FXRR12mEURNOKSell
FX Risk Reversal Buy	12 months	EUR SEK	FXRR12mEURSEKBuy
FX Risk Reversal Sales	12 months	EUR SEK	FXRR12mEURSEKSell
FX Participating Forward Buy	12 months	EURNOK	FXPFWD12mEURNOKBuy
FX Participating Forward Sell	12 months	EURNOK	FXPFWD12mEURNOKSell
FX Participating Forward Buy	12 months	EUR SEK	FXPFWD12mEURSEKBuy
FX Participating Forward Sell	12 months	EUR SEK	FXPFWD12mEURSEKSell

These products are "over-the-counter" (OTC) contracts – Foreign Exchange instruments.

KID for foreign currency transactions

Product	Term	Currency pair	KID
FX Forward Buy	3 months	EURNOK	KID FXFWD3m EURNOK Buy
FX Forward Sell	3 months	EURNOK	KID FXFWD3m EURNOK Sell
FX Forward Buy	3 months	EUR SEK	KID FXFWD3m EURSEK Buy
FX Forward Sell	3 months	EUR SEK	KID FXFWD3m EURSEK Sell
FX Forward Buy	12 months	EURNOK	KID FXFWD12m EURNOK Buy
FX Forward Sell	12 months	EURNOK	KID FXFWD12m EURNOK Sell
FX Forward Buy	12 months	EUR SEK	KID FXFWD12m EURSEK Buy
FX Forward Sell	12 months	EUR SEK	KID FXFWD12m EURSEK Sell

KID for forward currency contracts

Product	Term	Currency pair	KID
Multipe Ratio Forward	12 months	EURNOK	FXMRFWD 12m EURNOK Buy
Multipe Ratio Forward	12 months	EURNOK	FXMRFWD 12m EURNOK Sell
Multipe Ratio Forward	12 months	EUR SEK	FXMRFWD 12 m EURSEK Buy
Multipe Ratio Forward	12 months	EUR SEK	FXMRFWD 12m EURSEK Sell

KID for Target Redemption Forwards

Product	Term	Currency pair	KID
TARF	12 months	EURNOK	FXTARF 12m EURNOK Buy
TARF	12 months	EURNOK	FXTARF 12m EURNOK Sell
TARF	12 months	EUR SEK	FXTARF NOK 12 m EUR Buy
TARF	12 months	EUR SEK	FXTARF 12m EURSEK Sell

KID of foreign currency knock-in forwards

Product	Term	Currency pair	KID
FX Knock In Forward	12 months	EURNOK	FXKIFWD 12m EURNOK Buy
FX Knock In Forward	12 months	EURNOK	FXKIFWD 12 m EURNOK Sell
FX Knock In Forward	12 months	EUR SEK	FXKIFWD NOK 12 m EUR Buy
FX Knock In Forward	12 months	EUR SEK	FXKIFWD 12 m EURSEK Sell

These products are "over-the-counter" (OTC) contracts – Foreign Exchange instruments.

KID documents on currency swaps (FX Swaps)

Product	Forward	Currency pair	KID
FX Swap	3 months	EURNOK	FXSWP3m EURNOK Buy
FX Swap	3 months	EURNOK	FXSWP3m EURNOK Sell
FX Swap	3 months	EUR SEK	FXSWP3m EURSEK Buy
FX Swap	3 months	EUR SEK	FXSWP3m EURSEK Sell
FX Swap	12 months	EURNOK	FXSWP12m EURNOK Buy
FX Swap	12 months	EURNOK	FXSWP12m EURNOK Sell
FX Swap	12 months	EUR SEK	FXSWP12m EURSEK Buy
FX Swap	12 months	EUR SEK	FXSWP12m EURSEK Sell

KID = Key Information Document

These products are "over-the-counter" (OTC) contracts – Foreign Exchange instruments.

KID for interest rate derivatives

Product	Term	Foreign exchange	KID (document)
Interest rate swap payer	10 years	NOK	KID Renteswap payer
Receiver Swap	10 years	NOK	IRS 10y NOK Rec
Payer Swap	10 years	NOK	IRS 10y NOK Pay
Receiver Swap	10 years	SEK	IRS 10y SEK Rec
Payer Swap	10 years	SEK	IRS 10y SEK Pay
Cancellable Swap	3 years/ 7 years	NOK	IRS BANK CANC3y7y NOK Rec
Cancellable Swap	3 years / 7 years	SEK	IRS BANK CANC 3y7y SEK Rec
Constant Maturity Swap (CMS)	5 years	NOK	CMS 5y NOK Rec

Interest Rate Cap agreements

Product	Term	Foreign exchange	KID (PDF)
Interest Rate Cap Buy	5 years	NOK	CAP5yNOKBuy
Interest Rate Cap Sell	5 years	NOK	CAP5yNOKSell
Interest Rate Cap Buy	5 years	SEK	CAP5ySEKBuy
Interest Rate Cap Sell	5 years	SEK	CAP5ySEKSell

Documentation last updated on 1 October 2024

These products are "over-the-counter" (OTC) contracts – interest rate instruments.