Q&A · ESMA
Inducements
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
A free research trial is an inducement but may be an acceptable minor non-monetary benefit if it is agreed in advance with a defined scope, lasts no more than three months, involves no payment or other consideration, is not repeated with the same provider within twelve months, is not billed to clients and is documented.
Details
| Reference | ESMA_QA_1800 |
|---|---|
| Issuer | ESMA |
| Published | 12 Jul 2018 |
| Answered | 12 Jul 2018 |
| Submitted | 12 Jul 2018 |
| ESMA topics | Inducements (research) |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 7, question 12 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference