Q&A · ESMA
Inducements
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
Payments a firm receives for genuinely managing funds on delegation from a UCITS management company or AIF manager (or for advising them, or managing internally managed funds) are generally outside the inducement rules for its other clients unless the arrangement circumvents them, but the firm must still manage the resulting conflicts of interest.
Details
| Reference | ESMA_QA_1858 |
|---|---|
| Issuer | ESMA |
| Published | 18 Dec 2017 |
| Answered | 18 Dec 2017 |
| Submitted | 18 Dec 2017 |
| ESMA topics | Inducements (research) |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch.12, question 3 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference