ESMA_QA_1777
Topic
Recording of telephone conversations and electronic communications
10/10/2016
Subject Matter
Recording of telephone conversations and electronic communications
Question
What telephone conversations and electronic communications should be recorded in accordance with Article 16(7) MIFID II?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries
ESMA_QA_1776
Topic
Recording of telephone conversations and electronic communications
10/10/2016
Subject Matter
Recording of telephone conversations and electronic communications
Question
Are employees or contractors permitted to use mobile devices to enable them to undertake activities relating to transactions concluded when dealing on own account and the provision of client order services?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries
ESMA_QA_1775
Topic
Recording of telephone conversations and electronic communications
10/10/2016
Subject Matter
Recording of telephone conversations and electronic communications
Question
MiFID II enables clients to request access to records of their telephone conversations and electronic communications with the firm. Does this right also cover internal communications within the firm?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries
ESMA_QA_1774
Topic
Recording of telephone conversations and electronic communications
10/10/2016
Subject Matter
Recording of telephone conversations and electronic communications
Question
Do relevant telephone conversations and electronic communications need to be recorded by the firm from start to end?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries
ESMA_QA_1773
Topic
Recording of telephone conversations and electronic communications
10/10/2016
Subject Matter
Recording of telephone conversations and electronic communications
Question
Is the recording of telephone conversations and electronic communications a critical or important operational function for the purposes of the outsourcing rules?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries