ESMA_QA_1814
Topic
Information to clients on costs and charges
16/12/2016
Subject Matter
Post-sale reporting
Question
To what extent does the cumulative effect of the costs on the return need to be graphically displayed?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries
ESMA_QA_1813
Topic
Reporting to clients
16/12/2016
Subject Matter
Post-sale reporting
Question
How can a personalised ex-post disclosure of costs of the fund be made, if the client buys and sells a fund during the business year?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries
ESMA_QA_1803
Topic
Reporting to clients
16/12/2016
Subject Matter
Post-sale reporting
Question
How does a firm fulfil the obligation to report if the values of a client’s leveraged financial instruments or contingent liability transactions depreciate by a 10% threshold on a particular business day, if a firm’s automated systems do not provide valuations throughout the day for all the instruments held?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries
ESMA_QA_1802
Topic
Reporting to clients
16/12/2016
Subject Matter
Post-sale reporting
Question
When fulfilling the obligation to report on a portfolio depreciating by the 10% threshold, does the firm need to report if a portfolio value drops by more than 10% as a result of the client making cash withdrawals?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries
ESMA_QA_1019
Topic
Best Execution
16/12/2016
Subject Matter
Best Execution
Question
Where execution venues and firms publish reports as required under RTS 27 and 28 , how long should the reports be kept in the public domain and freely accessible?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries