Q&A · ESMA
Information on cost and charges
Answered
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Professional clients and eligible counterparties may agree to a limited application of the detailed Article 50 cost rules, for example dropping the illustration of cumulative costs on return or currency conversion details, but never to disapplying the core Article 24(4) duty to disclose all costs, aggregated and itemised on request.
Details
| Reference | ESMA_QA_1831 |
|---|---|
| Issuer | ESMA |
| Published | 3 Oct 2017 |
| Answered | 3 Oct 2017 |
| Submitted | 3 Oct 2017 |
| 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 19 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference