Q&A · ESMA
Post-sale reporting
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
The ex-post illustration of the cumulative effect of costs on return must reflect the spikes and fluctuations actually realised; 'anticipated' spikes are relevant only where the firm also gives a forward-looking illustration of expected costs.
Details
| Reference | ESMA_QA_1815 |
|---|---|
| Issuer | ESMA |
| Published | 16 Dec 2016 |
| Answered | 16 Dec 2016 |
| Submitted | 16 Dec 2016 |
| ESMA topics | Information to clients on costs and charges |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 9, question 4 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFIR (whole act)Explicit reference