EU · MiFID II · TITLE II AUTHORISATION AND OPERATING CONDITIONS FOR INVESTMENT FIRMS · CHAPTER II Operating conditions for investment firms · Section 2 Provisions to ensure investor protection
Article 29a MiFID IIServices provided to professional clients
For professional clients, the detailed costs and charges disclosure in Article 24(4)(c) does not apply except for investment advice and portfolio management, and the switching cost-benefit analysis and client reporting requirements in Article 25(2) and (6) apply only if the client opts in; firms must keep a record of such opt-ins.
Amendments and application dates
| Amending act | Change | Applies from |
|---|---|---|
| Directive (EU) 2021/338 | Provision inserted; Text inserted | by 28 Feb 2022 |
Commentary
No law-firm commentary is linked to this provision yet.
393 more documents relate to MiFID II as a whole without naming an article.
UK counterpart
UK transposition not traced in the FCA Handbook. It may sit in FSMA, the Regulated Activities Order or SI 2017/701, which are not yet mapped.
Version history
- From 28 Feb 2022
Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.