Q&A · ESMA
Recording of telephone conversations and electronic communications
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
The Article 16(7) MiFID II recording requirement applies to channels used for receiving and transmitting client orders even where they cannot be used to execute orders, because it covers communications that 'relate to' each relevant service.
Details
| Reference | ESMA_QA_1778 |
|---|---|
| Issuer | ESMA |
| Published | 10 Jul 2017 |
| Answered | 10 Jul 2017 |
| Submitted | 10 Jul 2017 |
| ESMA topics | Recording of telephone conversations and electronic communications |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 3, question 12 |
Provisions it relates to
- Article 16 MiFID II · Organisational requirementsExplicit reference · 90%
- MiFIR (whole act)Explicit reference