ESMA_QA_2785
23/02/2026
Subject Matter
Interests earned from client funds deposited at a credit institution?
Original question
Does MiFID II permit investment firms to earn interest on client funds deposited in a savings account at a credit institution?
Status: Forwarded to EC/Public Consultation/Other
Additional Information
Level 1 Regulation
Directive 2014/65/EU - Markets in Financial Instruments Directive (MiFID II)
Topic
Safeguarding of client assets