Q&A · ESMA
Post-sale reporting
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
Where a client buys and sells a fund within the year, the personalised ex-post cost disclosure should apply the fund's annualised costs over the actual holding period if they reflect costs incurred, or be adjusted on a best-effort basis (with the manufacturer's help), plus actual one-off costs such as mark-ups.
Details
| Reference | ESMA_QA_1813 |
|---|---|
| Issuer | ESMA |
| Published | 16 Dec 2016 |
| Answered | 16 Dec 2016 |
| Submitted | 16 Dec 2016 |
| ESMA topics | Reporting to clients |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 9, question 1 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFIR (whole act)Explicit reference