This note provides an overview of the EU Regulation on key information documents for packaged retail and insurance-based investment products (PRIIPs) (1286/2014) (EU PRIIPs Regulation). It covers key provisions of the EU PRIIPs Regulation and the delegated acts supplementing it. It also tracks ongoing developments relating to the EU PRIIPs Regulation, including the European Commission's May 2023 legislative proposal for a Regulation amending the EU PRIIPs Regulation.