Q&A · ESMA
Information on cost and charges
Answered
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Ex-ante costs and charges must also be disclosed for client sell orders, but under Article 50(6) only the service costs, since the firm is neither recommending nor marketing the instrument; the illustration of the cumulative effect of costs on return is also required.
Details
| Reference | ESMA_QA_1839 |
|---|---|
| Issuer | ESMA |
| Published | 29 May 2019 |
| Answered | 29 May 2019 |
| Submitted | 29 May 2019 |
| 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 27 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference