Q&A · ESMA
Information on cost and charges
Answered
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Ex-ante costs and charges must be disclosed in a fully individualised, transaction-based way, specific to the instrument (by ISIN) and the service; generic disclosures are not enough, the only relief being the use of an assumed investment amount that reflects the costs the client would actually incur.
Details
| Reference | ESMA_QA_1834 |
|---|---|
| Issuer | ESMA |
| Published | 28 Mar 2019 |
| Answered | 28 Mar 2019 |
| Submitted | 28 Mar 2019 |
| ESMA topics | Information to clients on costs and charges |
| Earlier Q&A document | EMA 35-43-349 MiFID II Q&As on Investor protection Ch. 9, question 22 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference