FIN.

ESMA opines on compliance function

ESMA has given new guidance on the MiFID 2 compliance function, replacing 2012 guidance.  The new version aims to provide more clarity and more convergence in implementation and supervision of the requirements of MiFID 2.  The guidelines are addressed to all investment firms and credit institutions that provide investment services and activities or sell or advise clients in relation to structured deposits,  and UCITS managers and external AIFMs when providing investment services and activities.

Emma Radmore