Q&A · ESMA
Suitability and appropriateness
Answered
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A suitability report must be given to a retail client whenever investment advice is provided, whether or not a transaction follows; 'before the transaction is made' only sets the timing where one does.
Details
| Reference | ESMA_QA_1756 |
|---|---|
| Issuer | ESMA |
| Published | 10 Oct 2016 |
| Answered | 10 Oct 2016 |
| Submitted | 10 Oct 2016 |
| ESMA topics | Suitability |
| Earlier Q&A document | ESMA35-43-349 MiFID II Ch 2 Q&A 1 |
Provisions it relates to
- Article 25 MiFID II · Assessment of suitability and appropriateness and reporting to clientsInferred · 95%
- MiFIR (whole act)Explicit reference