ESMA publishes MiFID 2 investor protection FAQs

ESMA has published a new set of FAQs on investor protection issues under MiFID 2. The initial questions cover best execution, suitability and appropriateness, recording telephone conversations and electronic communications, record keeping, investment advice on an independent basis, underwriting and placement of a financial instrument, and inducements (research). No doubt ESMA will build significantly on these initial, relatively simple, questions over the next year or so.


Emma Radmore