ESMA_QA_2172
Topic
Client categorisation
07/05/2024
Subject Matter
Two classifications for one client
Question
Assuming that the investor disclosure requirements are predefined in legal documents and agreements, is it possible to select two client categories for a professional client (such as per se eligible counterparty and professional client)?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries
ESMA_QA_2158
Topic
ICT-related incident 
15/04/2024
Subject Matter
Understandig of timelimits of intermediate repots for major related ICT-incidents
Question
Is our standing of Article 6 of the RTS correct, that an institution should submit more than one intermediate report for a major ICT-incident, if that incident continues over the 72 hours threshold for the initial intermediate report?
Art. 6 states that an institution has to submit a report in case that after 72 hours the incident is not resolved or when the incident is resolved. Our understanding is that the "or" means that an institute has to submit more than one report in case that the incident is resolved after more than 72 hours.
Level 1 Regulation
Regulation (EU) 2022/2554 - The Digital Operational Resilience Act (DORA)
ESMA_QA_2148
Topic
Reporting to clients
03/04/2024
Subject Matter
Deadline for providing clients with statement on owned financial instruments
Question
What is the latest date on which the statement, under Article 63, Paragraph 1 of the Delegated Regulation EU 2017/565, for the respective quarter should be sent by the investment firm and how to determine this date?
Level 1 Regulation
Directive 2014/65/EU - Markets in Financial Instruments Directive (MiFID II)
ESMA_QA_2143
Topic
Crypto-Asset Service Provider (CASP)
22/03/2024
Subject Matter
Tied agents under MiCA
Question
May crypto-asset service providers (CASPs) designate persons or entities to provide crypto-asset services on their behalf as agents (similarly to the tied agent regime under MiFID II), where such person or entity is not an authorised CASP?
Level 1 Regulation
MiCA
ESMA_QA_2136
Topic
Information to clients on costs and charges
18/03/2024
Subject Matter
disclosure of cost on return
Question
The cumulative effect of the costs on the return shall show “anticipated spikes and fluctuations of the costs”; does that also apply to the ex-post disclosure of the cumulative effect of the costs on the return?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries