Consultation on draft guidelines on complex debt instruments and structured deposits

Consultation on draft guidelines on complex debt instruments and structured deposits

from 24 March 2015 to 15 June 2015


Who should read this paper   
This paper is primarily of interest to competent authorities and firms that are subject to MiFID, in particular, investment firms and credit institutions performing investment services and activities. This paper is also important for trade associations, investors, and consumer groups, because the guidelines seek to implement enhanced provisions to ensure investor protection with potential impacts for anyone engaged in dealing with or processing of financial instruments.ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1. Comments are most helpful if they:•    respond to the question stated;•    indicate the specific question to which the comment relates;•    contain a clear rationale; and•    describe any alternatives ESMA should consider.
ESMA will consider all comments received by 15 June 2015.
All contributions should use the response form and be submitted online at under the heading ‘Your input - Consultations’.
Publication of responses
All contributions received will be published following the close of the consultation, unless you request otherwise.  Please clearly and prominently indicate in your submission any part you do not wish to be publically disclosed. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.
Data protection
Information on data protection can be found at under the heading Legal Notice.

Document available for this Consultation
24/03/20152015/610Draft guidelines on complex debt instruments and structured deposits


Activity Institution Download
BNY Mellon
Asset Management EFAMA
Asset Management AFG
Asset Management Amundi
Asset Management BVI
Banking Spanish Banking Association
Banking Association of German Pfandbrief Banks
Banking European Association Co-operative Banks (EACB)
Banking International Swaps and Derivatives Association (ISDA)
Government, Regulatory and Enforcement CNMV's Advisory Committee
Investment Services ASSOSIM - Associazione Italiana Intermediari Mobiliari
Investment Services AMAFI - Association française des marchés financiers
Investment Services SSDA
Others Association for Financial Markets in Europe (AFME)
Others Better Finance, the European Federation of Investors and Financial Services Users
Others Financial Services Consumer Panel
Others Federation of Finnish Financial Services
Others Markit
Others The Danish Bankers Association
Others International Capital Market Association
Others Dutch Investors' Association (VEB)
Others CVA Services GmbH
Regulated markets, exchanges & trading systems London Stock Exchange Group