Second Consultation Paper on CESR's Draft Technical Advice on Possible Implementing Measures of the Directive 2004/39/EC on Markets in Financial Instruments

From

03 March 2005 to 04 April 2005

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Consultation

Details

This consultation paper covers the following questions.
a.The application of the general obligation to act fairly, honestly and professionally in the best interest of clients where the investment firm grants a credit or loan of money to a retail client, or arranges for a third party to do so. This consultation document presents a new proposal in this area.
b.Whether the definition of

Related Documents

Date	Reference	Title
03/03/2005	05-163	Press Release - CESR Final Consultation on Best Execution and Transparency Requirement under the MiFID
03/03/2005	05-164	Draft Technical Advice on Possible Implementing Measures of the Directive 2004/39/EC on Markets in Financial Instruments
11/03/2005	05-164 Annex 1	Annex 1 to the Consultation document: Data on Shares subject to Article 27 of the MiFID
21/03/2005	05-164 Annex 2	Annex 2 to the Consultation document: Data on Shares subject to Article 27 of the MiFID
21/03/2005	05-164 Annex 3	Annex 3 to the Consultation document: Data on Shares subject to Article 27 of the MiFID - Euronext Amsterdam
21/03/2005	05-164 Annex 4	Annex 4 to the Consultation document: Data on Shares subject to Article 27 of the MiFID - Euronext Brussels
21/03/2005	05-164 Annex 5	Annex 5 to the Consultation document: Data on Shares subject to Article 27 of the MiFID - Euronext Lisbon
21/03/2005	05-164 Annex 6	Annex 6 to the Consultation document: Data on Shares subject to Article 27 of the MiFID - Euronext Paris
24/03/2005	05-164 Annex 7	Annex 7 to the Consultation document: Data on Shares subject to Article 27 of the MiFID - Ireland
24/03/2005	05-164 Annex 8	Annex 8 to the Consultation document: Data on Shares subject to Article 27 of the MiFID

Download selected files

Activity	Institution		Download
	Fidelity Investments	6513	CESRresponse_1.pdf
Investment Services	APCIMS	6519	Response_on_2nd_CP_on_2nd_mandates_2005_1.pdf
Banking	British Bankers' Association	6518	BBA01__216115_v3_CESR_CP___due_4_April_2005_1.pdf
Regulated markets, exchanges and trading systems	Bloomberg L.P.	6517	Comment_letter_re_MiFID_1.PDF
Banking	Danish Shareholders Association	6537	Danish_Shareholders_1.pdf
Banking	Banca Intesa	6524	BANCA_INTESA___2_consult_best_exe_transp_1.pdf
Investment Services	GFI Securities Limited	6536	CESR_CP2004_39_EC_1.pdf
	Association of British Insurers	6535	7-ABI_1.pdf
	M&G Investment Management Limited	6534	CESR_Response_PDF_1.pdf
Regulated markets, exchanges and trading systems	virt-x Exchange Limited	6533	CESR_MiFID_L2_4_0405_1.pdf
Banking	Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR)	6532	050404_CESR__2._Konsultationspapier_engl_1.pdf
	Investment Management Association	6531	IMA_response_to_CESR__MiFID__040405_1.pdf
Investment Services	Bundesverband der Wertpapierfirmen an den deutschen B	6530	050404_bwf_com_en_1.pdf
Investment Services	Association of Members of the Athens Stock Exchange	6529	response_4.4_1.pdf
Regulated markets, exchanges and trading systems	London Stock Exchange	6528	050404_CESR_2nd_mandate_2nd_consultation_LSE_response_1.pdf
	ASSOGESTIONI	6527	Assogestioni_response_to_CESR_05_164_1.pdf
Investment Services	EFFAS	6526	Response_CESR_MiFID_4April_1.pdf
Investment Services	Joint response by ISDA, ISMA, IPMA, ANSC, BSDAI, BMA, DSDA, FASD, FOA, LIBA, SSDA	6525	MIFIDCESRbestex_mkttranspresponsefinal_1.pdf
Regulated markets, exchanges and trading systems	TLX S.p.A.	6523	CESR_MiFiD___04apr05_1.pdf
	BVI Bundesverband Investment und Asset Management e.V.	6522	MiFID_Eingabe_Best_Execution_050404_final_1.pdf
Others	European federation of Energy Traders, EFET	6521	Investment_Advice_EFET_04042005_1.pdf
Investment Services	AFEI	6520	AFEI_05_22_1.pdf
Issuers	German Electricity Association (Verband der Elektrizit	6546	VDEW_Response_2nd_Consultation_Paper_04_04_2005_1.pdf
Investment Services	ANASF - Associazione Nazionale Promotori Finanziari	6555	ANASF_comments_on_CESR_05_164_1.pdf
Banking	ASSORETI	6554	Investment_Advice2___English_version_1.pdf
Regulated markets, exchanges and trading systems	OMX Exchanges	6553	MiFID___OMX_Exchanges_submission_to_consultation_2__Transparency__II_1.pdf
	Law Firm - Linklaters	6552	Linklaters_1.pdf
Banking	AFI	6551	AFI_1.pdf
Investment Services	EURELECTRIC	6550	CESR_Level2advice_2ndConsPaper_final_1.pdf
Banking	SEB	6549	cesr_svar050328_1.pdf
Investment Services	British Venture Capital Association	6548	bvca4April2005_1.pdf
	City of London Law Society Regulatory Committee	6547	CLLS4April2005_1.pdf
	Institute of Chartered Accountants in England and Wales	6556	2-ICAEW_1.pdf
Investment Services	VFI	6545	CESR_05_164_1.pdf
Banking	Becker B	6538	CESR_Statement_1.pdf
Investment Services	Assosim	6544	sped44_04_05_1.pdf
Banking	European Association of Public Banks - EAPB	6543	EAPB_Position_on_CESR_05_164_MiFID_1.pdf
Banking	the Swedish Shareholders' Association	6542	CESR_Final_Consultation_Ref._CESR_05_164_1.pdf
Regulated markets, exchanges and trading systems	Wholesale Markets Brokers' Association	6541	WMBA_1.pdf
Regulated markets, exchanges and trading systems	London Energy Brokers' Association	6540	1-LEBA_1.pdf
Banking	EACB (European Association of Co-operative Banks)	6539	8-EACB_1.pdf
Investor Relations	Federation of German Consumer Organisations	6562	VBZBV_1.pdf
Banking	Groupe Credit Agricole	6561	Credit_Agricole_1.pdf
Press	Reuters	6559	7-Reuters_1.pdf
Regulated markets, exchanges and trading systems	Deutsche B	6560	Deutsche_boerse_1.pdf
Banking	Realkreditr	6558	10-Realkredit_1.pdf
	Association of the Luxembourg Fund industry (ALFI)	6557	3-ALFI_1.pdf
Others	Financial Services Consumer Panel	6564	Finacial_Services_Consumer_Panel_1.pdf
Banking	Spanish Banking Association	6563	1-AEB_1.pdf
Regulated markets, exchanges and trading systems	Warenterminboerse Hannover	6569	Hamburg_borse_1.pdf
	Irish Association of Investment Managers	6568	4-IAIM_1.pdf
Investment Services	BNP PARIBAS	6567	10-BNP_1.pdf
Banking	ABN AMRO Bank	6566	14-ABNAMRO_1.pdf
Investment Services	The Chamber of Brokerage Houses	6565	Chamber_of_brokarage_houses_Poland_1.pdf
Banking	Barclays	6576	16-Barclays_1.pdf
Banking	Italian Banking Association	6575	2-Italian_Banking_Association_1.pdf
Banking	Morgan Stanley	6574	Morgan_Stanley_1.pdf
Regulated markets, exchanges and trading systems	Euronext	6573	24-Euronext_1.pdf
	European Fund and Asset Management Association	6572	EFAMA__1.pdf
Regulated markets, exchanges and trading systems	Warsaw Stock Exchange	6571	1-WSE_1.pdf
Investment Services	Danish Bankers Association	6570	6-DBA_1.pdf
Banking	F	6579	17-FBE_1.pdf
Regulated markets, exchanges and trading systems	Borsa Italiana	6578	1-Borsa_Italiana_1.pdf
Others	Febelfin	6577	5-Febelfin_1.pdf
Banking	HVB Group	6581	1-HVB_1.pdf
Banking	La Soci	6580	Soci_t__g_n_rale_1.pdf
Banking	European Savings Banks Group	6583	24-ESBG_1.pdf
Banking	F	6582	11-FBF_1.pdf
Banking	Deutscher Sparkassen- und Giroverband e.V.	6586	1-DSGV_1.pdf
	Association Fran	6585	7-AFG_1.pdf
Investment Services	DIF Broker	6584	DIF_Broker_1.pdf
Regulated markets, exchanges and trading systems	Federation of European Securities Exchanges	6588	18-FESE_1.pdf
Banking	Zentraler Kreditausschuss	6587	33-ZKA_1.pdf
Investment Services	Millenium BCP Investimento	6590	millennium_1.pdf
Investment Services	Millenium BCP Investimento - Unofficial translation by the CMVM	6589	Milennium_BCPI_English_version_1.pdf
Regulated markets, exchanges and trading systems	BME Spanish Exchanges	6593	8-BME_1.pdf
Banking	APB (Portuguese Bank Association) and APC (Portuguese Brokers Association)	6592	APB_1.pdf
Others	OPEX	6591	Fax_Opex_1.pdf
Banking	UBS Investment Bank	6595	4-UBS_1.pdf
Investment Services	BNP Paribas	6596	BNP2_1.pdf
Issuers	EALIC	6604	3-Ealic_1.pdf