MiFID2: ESMA updates Q&As on investor protection topics

mardi 13 juin 2017 Clifford Chance

The European Securities and Markets Authority (ESMA) has updated its questions and answers document (Q&A) on investor protection topics under MiFID2 and MiFIR.

The Q&A document includes fourteen new answers that are intended to clarify issues relating to:

appropriateness;
best execution;
suitability;
post-sale reporting;
inducements;
information on charges and costs; and
underwriting and placement of a financial instrument.

ESMA intends to review its Q&As on a regular basis and update the document when new questions are received.