ESMA updates investor protection Q&A under MiFID2

Published: 19 December 2017


On 18 December 2017, the European Securities and Markets Authority (ESMA) issued an updated Questions and Answers document for various investor protection rules under MiFID2.

Issues covered include:

  • Best execution;
  • Suitability and appropriateness;
  • Recording of telephone conversations and electronic communications;
  • Post-sale reporting;
  • Record keeping;
  • Investment advice on an independent basis;
  • Inducements (research);
  • Information on charges and costs;
  • Underwriting and placement of a financial instrument;
  • Client categorisation;
  • Inducements;
  • Provision of investment services and activities by third country firms; and
  • Application of MiFID2 after 3 January 2018, including issues of late transposition.

If members have any questions, please contact Adam Jacobs-Dean, Oliver Robinson or Adele Rentsch.