ESMA_QA_827
Topic
Information to clients on topics other than costs and charges
23/09/2022
Subject Matter
Investor protection and marketing communication
Question
Can the assessment of the client’s knowledge and experience conducted for the purpose of MiFID investment services be used for the purpose of crowdfunding services?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_1543
Topic
Position reporting
23/09/2022
Subject Matter
Position reporting
Question
In cases where an OTC contract is economically equivalent to more than one ETD contract traded on an EU trading venue and where those ETD contracts are not falling under the coordination procedure set out in Article 57(6) of MiFID II, to which NCA should the reporting of the EEOTC contracts be addressed?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
ESMA_QA_826
Topic
Information to clients on topics other than costs and charges
23/09/2022
Subject Matter
Investor protection and marketing communication
Question
Can the condition set out in point (c) of Article 21(7) be fulfilled through other means than using the assessment referred to in Article 21(1) of the ECSPR as a proof that the prospective non-sophisticated investor or non-sophisticated investor understands the investment and its risks?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_825
Topic
Information to clients on topics other than costs and charges
23/09/2022
Subject Matter
Investor protection and marketing communication
Question
Can a CSP accept the investment of a prospective non-sophisticated investor or non-sophisticated investor in cases where such investor (i) wants to invest an amount in excess of the higher of EUR 1,000 or 5% of that investor’s net worth but (ii) does not meet the conditions set out in points (a), (b) and (c) of Article 21(7)?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_824
Topic
Information to clients on topics other than costs and charges
23/09/2022
Subject Matter
Investor protection and marketing communication
Question
Can a CSP give full access to its platform to a prospective non-sophisticated investor or non-sophisticated investor refusing to share the result of its simulation to bear loss?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business